Unique opportunity to acquire a Fully Licensed and Turn Key Manufacturing Type N Business in the city of Santa Rosa, CA. Santa Rosa is known for their favorable tax rates across California. The Seller has put in the time and effort to obtain both local & state approval for the Manufacturing Type N license in a permitted facility and is now looking to sell. This is a pre-revenue business that includes all the T.I. improvements, facility upgrades and fully equipped kitchen. The owner has passed all Santa Rosa City, Sonoma County and CA State inspections with a full security system in place. All kitchen and chocolate making equipment is included in the sale. The new operator could apply for a Distribution license as the building is also zoned for Distribution!
Santa Rosa is well known for its favorable tax rates and fair cannabis policies. Santa Rosa’s Local Tax rates are 1% Manufacturing of Gross Receipts & 0% Distribution. Due to its geographic location, Santa Rosa is literally the funnel between the Emerald Triangle and the rest of the state of CA.
Cannabis Businesses have been labeled as essential businesses back in March, 2020
- Licenses: Manufacturing Type N State Licensed
- Rent: $1.71/SF = $6000k/mo.
- Suite A 1500 sf kitchen
- Suite B 2k sf Warehouse
- Lease: 5 YR
- Parking: Ample parking
- $300k worth of brand new kitchen equipment & TI’s included in Sale
meaning that the Department of Public Health clarified that Cannabis has medical uses.
- Manufacturing Type N (Infusion of products) Type N manufacturers can: Make cannabis products through infusion, Package and label cannabis. Infusion mixes cannabis extract or plant material with other ingredients to make a cannabis product.
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: $499,000.00 (Seller Financing Available)
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
Yesenia Jimenez, DRE CA LIC#02073168
If you have any questions call Yesenia (858) 633-3013
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity. California’s Premier Cannabis Business Brokers.