Great opportunity to acquire a well known Bay Area Kombucha brand along with a potential Cannabis Manufacturing license. The Seller has submitted their application for the Conditional Use Permit. Fire Department has completed their review along with all other departments, there are no further questions from either department. Seller is waiting for their Public Hearing on Feb 2020, once they have their local conditional use permit, the Seller or new operator can apply for their State License. The deal can be contingent upon the Seller obtaining the C.U.P.
There is an existing Non-Cannabis business being run out of the current location. The operating business is a Kombucha brand company that comes with a 10 year strong reputation. Sales in hundreds of retailers including Whole Foods NorCal and Whole Foods SoCal and tech giants in the SF Bay Area. The company specializes in raw kombucha in bottles and kegs, CBD beverages and currently is a building vibrant and growing specialty co-packing business. The Non-Cannabis business currently does a monthly gross of $83,000.00 and nets $15,000.00. Representing a higher value due to the fact that you will have an existing business already generating revenues.
The Seller’s vision is to infuse THC with the beverages along with pushing the CBD beverages in the developing cannabis beverage sector. With the Manufacturing license it means all aspects of the extraction and/or infusion processes, including preparing, holding, storing, packaging, processing, or labeling of cannabis products can be done at this location not just the beverages.
- 5,000 SQFT Warehouse, with ADA bathroom, office, safe room, break room/kitchenette, parking lot, high ceilings with racks,
- 1,000 sqft Walk-in Fridge, 1 fork lift, 1 electric pallet jack, 3 bottle machines, inventory (Included in Asking Price)
- Fire Department has completed their review along with all other Departments, there are no more questions on their end. Seller is waiting for their Public Hearing on Feb 2020, once they have their local conditional use permit the Seller or new operator can apply for their State License. The deal can be contingent upon the Seller obtaining the CUP.
Asking Price: $1,350,000.00
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.
Green Life Business Group, Inc DRE CA LIC# 02061374
Alejandro Ochoa, DRE CA LIC# 01120049
For more information please call Alejandro (619) 485-0482 or Eric (858)-245-6324
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.