Posted on September 14, 2022 / 49Listing ID: 457037APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $450,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : (619) 218-6575

Unique opportunity to acquire a 5,500 SqFt Manufacturing & Distribution space in the most desirable location in Southern California, City of Los Angeles!!! Owners have Provisional licenses in hand! The business has been operational at a minimal level and the owners are looking to sell at license value.

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.

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: 5500 SqFt
  • Rent: $11,500/Month
  • Lease: Month-Month (LL Open to Long Term Lease)
  • Roll Up Door w/ Steel Security Door
  • Power:  200A Single Phase (Approved plans with LADWP to upgrade to 400A)
  • Ceiling Height: 18ft
  • Parking Spaces: 4 Spaces w/ Security Gated Parking
  • High-End Security System in Place
  • Provisional License

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

Jeff Taylor, DRE LIC CA# 02121244

If you have any questions Call Jeff (619) 218-6575 

Email: jeff@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.

MASSIVE UPSIDE POTENTIAL- Three Licenses, turn key, competitive lease, owner financing available. Richmond, CA.
You can do it all. Grow premium indoor for flower sales. Use the Type 7 equipment to create your own extract products. Use the distribution van to sell directly to dispensaries.VIEW LISTING
Contact Listing Owner
Cannabis & Hemp Banking
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