Unique opportunity to acquire a Non Storefront Retail delivery,Manufacturing Type P, and Distribution licensed facility.This cannabis campus is located in the beautiful San Luis Obispo County, has Over $150k already in TI’s and each individual license is able to operate in-house. With the tax rate at 6%, state license in hand, all this facility needs is a local build-out approval and business operating permit. This is a perfect opportunity for someone who is looking to expand operations and target major markets to establish a larger footprint or someone who is looking to enter the industry.
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 license.
Details:
- Space: 2,275 SqFt
- Rent: ≈ $5,000/Mon
- Lease: 5YR w/ 5YR Option
- Parking: 8 Spaces
- Roll-Up Door on Site
- Power: 120 AMPS
- Ceiling Height: 20ft
- City Cannabis Tax Rate: 6 %
- State Licenses in Hand
- Over $150k Already in T.I’s !!!
- No Tax Liabilities
- Clean License
- Not operating
Licenses:
- Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.
- Manufacturing Type P: Packaging and labeling Type P manufacturers can only package and label cannabis products.
- Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all cannabis businesses: Manufacturers, Cultivators, Nurseries, Retailers, Distributors.
Looking for Funding?
Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this.
Asking Price: $600,000.00
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
Tom Milks, DRE CA LIC# 02064305
If you have any questions call Tom (619) 972-5952
Email: tom@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
