Opportunity to acquire a Cultivation 22,000 SqFt Canopy License in Los Angeles County. This is a pre-revenue opportunity. The new owner will have to complete TI’s to bring it up to code and submit a modification request in order to change tier status for full ownership. This building has 50 tons of AC and potential to grow. Currently, there are 4 flower rooms with the ability to hold a total of 1204 plants. With over $3M invested into the build-out, the new owner could retrofit and implement a double stack veg room of 12 LED lights and add a metric station. Once fully retrofitted there would be a total of 87 lights and the business could potentially generate $3M in gross revenue per year!!
Cannabis Businesses have been labeled as essential businesses back in March, 2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
Details:
- Space: 7800 Sq Ft
- Rent: $10k/Month
- LEASE: 6 YR w/ Options
- Power: 400 AMPS
- Employees: 4 all willing to stay, Owner salary or consultancy
- ~$40k of packaging equipment, packaging & design (Nitrogen Sealing Packaging)
- ~$20k of brand hemp t-shirts & sweats
- Website & Brand included
- ~$250k left to invest in TI’s
4 Flower Rooms & Veg Room:
- Flower Room A: 22 HPS Lights, 600 pints of dehumidification, 420 Plants
- Flower Room B: 15 HPS Lights, 400 pints of dehumidification, 350 plants
- Flower Room C: 15 HPS Lights, 400 pints of dehumidification, 350 plants
- Flower Room D: 8 HPS Lights, 200 pints of dehumidification, 84 Plants
- Veg Room: 12 HPS Lights, 200 pints of dehumidification, 1,500 plants
Licenses:
- Cultivation – Growing cannabis up to 22,000 SQ FT Canopy Size.
Asking Price: $ 1,999,000.00 (Seller Open to Offers)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Eric Espinoza, DRE LIC CA #02077927
If you have any questions call Eric (858) 245-6324
Email: eespinoza@glbgroupinc.com
