Posted on January 14, 2022 / 306Listing ID: 330432APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $1,199,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc.
Phone : 858-633-3013

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 Licence 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. 

Details:

  • Licenses: Manufacturing Type N
  • Rent: $1.76/SF = $6160k/mo.
  • Suite A 1500 sf kitchen
  • Suite B 2k sf Warehouse
  • Lease: 5 YR
  • Parking: Ample parking
  • $300k worth of brand new kitchen equipment included in Sale

Licenses:

  • 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.

 

Asking Price: $1,199,000.00 (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 

Email: asm@glbgroupinc.com

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Cannabis & Hemp Banking