Posted on September 27, 2022 / 14Listing ID: 462713APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $2,200,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : 8582456324

Unique opportunity to acquire a fully operational delivery, cultivation and distribution cannabis business in California City (2hrs North of LA). California City is in Kern county which is North of LA, and has other major cities like Bakersfield (Population 380k) an hour away. Currently the business is on pace to do $2M in gross revenues. The business is located in a perfect central location within the city with easy freeway and highway access. This cutting edge cannabis business meets state and local requirements. The building space is laid out as 1,280 SqFt in Canopy space with 416 SqFt Vegetation space and 800 SqFt allocated to the Delivery and 1,000 SqFt for the Distribution. The license is located in California City (Population of +14k), but it is not limited to delivering within the county.

These state-licensed “non-storefront” delivery companies can deliver to all of California! The simplicity of home delivery provides the convenience that many consumers and patients appreciate with the benefit of quality cannabis products.

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.

 California City Cannabis Tax Schedule Link 

Details:

  • Space: 800 SqFt Delivery, 2500 SqFt Cultivation (1280 SqFt Canopy, Veg 416 SqFt), 1k SqFt Distribution
  • Rent: $7k/Month
  • Lease: 5 YR w/ option to extend 5YR
  • Power: 400 AMPS 3 Phase
  • Cultivation Ceiling Height: 12ft
  • Lights: 80 lights, Double Rack, LEDs
  • Cultivation: 4-5 Cycles a YR per Room (2 Rooms)
  • POS: IndicaOnline
  • Employees: 15
  • Delivery Wholesale Inventory:
  • Delivery Avg Ticket: $90/order
  • Delivery Avg orders: 60-70/Day
  • Customers in database: Estimated 15k

License:

  • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.
  • 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.
  • Cultivation: 5k SqFt Canopy

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:  $2,200,000.00

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Eric Espinoza, DRE LIC CA# 02077927

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

Or Email : eespinoza@glbgroupinc.com

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

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