Posted on November 28, 2022 / 220Listing ID: 496916APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $150,000
Company Name : Green Life Business Group, Inc
Phone : 8582456324

$100k Down Gets You In The Door!!!

This is a great opportunity for someone that is looking for a stand alone Distribution business in Long Beach, CA. Currently the owner has the conditional use permit and a provisional state license in hand, the new owner has to complete the buildout (est. $50k) in order to schedule the final inspections and become operational once approvals have been issued. The new owner could be operational in within 3 months! Long Beach is now known for its favorable tax rates and fair cannabis policies. With new cannabis retail & delivery businesses on the rise, distribution businesses are of the highest pursued in order to meet the retailers demand!

Long Beach’s local tax rates are 1% of Gross Receipts for Manufacturing, Distribution, Testing, $13.20 per Square Foot under Cultivation &  8% of Gross Receipts for Retail.

California recently announced the “Provisional”, or temporary license, program will sunset June 30, 2022 which means that in order to operate legally you must go through the arduous and time consuming process of getting a full “Annual” license or acquire an already existing state provisional license.

Details: 

  • Space: 2,240 SqFt
  • Lot Area: 5k SqFt
  • Rent: $5,000/Month
  • Lease: Long Term Available
  • Plenty of Street Parking
  • Conditional Use Permit & Provisional State License In Hand!
  • New Owner Could Be Operational within 3 Months!!!

License Type 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: $150,000.00 ($100k Down Gets you In the Door)

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

Eric Espinoza, DRE LIC CA# 02077927

If you have any questions Call Eric at (858) 245-6324

Or Email : eespinoza@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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Cannabis & Hemp Banking
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