Posted on March 2, 2022 / 142Listing ID: 356471APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $450,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : (858) 245-6324

Unique opportunity to acquire a 4,000 SqFt Manufacturing & Distribution space in the most desirable location in Southern California, City of Los Angeles!!! The business is located in Chatsworth, CA in the San Fernando Valley. The owner has put in over $250k into the buildout and getting the business to this stage in the licensing process. Currently the business is only licensed at the local level and the owner is submitting for the state license this month before the Provisional deadline of March 31st, 2022. The owner estimates they could have the state license within 60-90 days with all compliant permits and lease in hand.

 Los Angeles County currently has a population of over 10M and continues to have a steady rise in popularity. This is a great opportunity for someone who is looking to expand their Manufacturing & Distribution footprint in the LA County Market. Cannabis Businesses were labeled as essential businesses back in March of  2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.

Details: 

  • Space: 4k SqFt (Manufacturing is 2,500 SqFt)
  • Rent: Landlord Open to Negotiations
  • Buildout Investment: $250k
  • Power: 400 Amps
  • Ceiling Height: 16-18ft
  • Parking: 8 Spaces
  • Roll Up Door on Site: Yes
  • Drive-In Access to Unit
  • High-End Security System in Place
  • Remote Access Doors & Locks
  • Remodeled & Painted

Licenses:

  • Manufacturing Type 6: For manufacturing sites that produce cannabis products using nonvolatile solvents or mechanical methods (ex: CO2, ethanol, water, or food-grade dry ice, cooking oils or butter). Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, Drinks (all manufactured cannabis products).
  • 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: $450k (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 CA LIC# 02077927

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

Email: eespinoza@glbgroupinc.com

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Cannabis & Hemp Banking
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