Listing ID : 814779
Listed On July 2, 2024 345
Listing Updated September 2, 2024
Take advantage of a rare opportunity to acquire a cannabis Dispensary, Indoor Cultivation, and Distribution business in Stockton, California (Pop 321k). This exclusive offer encompasses an annual commercial microbusiness license and the lease of the space. Although the facility is not yet built out, there are already construction plans in place along with local and state approvals. The new owner would have to complete the build out and licensing process in order to become completely operational. This presents an excellent chance to expand your cannabis portfolio, benefiting from a blank canvas with no existing tax liabilities.
Details:
Space: 10k SqFt (Majority is Dispensary)
Rent: $13k/Month ($1.30/SqFt)
Lease Terms: 11 YR Term; (2) 5 YR Options
Not Operational
New Owner Must Complete Buildout
Licenses: Dispensary, Distribution & Cultivation 10k SqFt Canopy
License:
Annual Commercial Adult & Medical Use Microbusiness Distributor, Indoor, Cultivator (less than 10K sq ft), Retailer.
Retail Storefront: Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.
Cultivation: Growing cannabis up to 10,000 SqFt Canopy Size.
Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all other cannabis businesses; Manufacturers, Cultivators, Nurseries, Retailers, & Distributors.
Asking Price: $299,000.00 (Seller Open to Offers)
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Drew Mathews, DRE CA LIC# 02091143
If you have any questions Call Drew (619) 653-0483
Email: ceo@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
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