Great opportunity to acquire a fully turnkey cannabis cultivation, nursery and distribution business in one of California’s most strategic cannabis markets, Santa Rosa. The business is currently not operational with all licenses currently active ready for a new owner to begin under a clean canvas. The business sits on a 3 acre property with a built out space of 12K Sq Ft geared towards an indoor cultivation operation as well as distribution. Santa Rosa is located near the emerald triangle and is known for its cannabis friendly taxes adding a great value. By establishing a footprint in Santa Rosa, a new operator may target the largest nearby markets in northern California.
This is a great opportunity for someone who is looking to expand their footprint in the Santa Rosa cannabis Market, while also taking advantage of the very nearby major markets, a multi-state operator or someone who is looking to enter the industry into a fully turnkey business.
Details:Â
- Space: 12,000 Sq Ft. (Whole Property 3 Acres)
- Rent: $16,321/Month (Sub Lessees paying $7K in rent
- Lease: 30 YR Lease w/ 2YRs in (10 YR (4) 5 YR
- 2 Entities included in sale
- 2019-2021 Gross Avg: $1.4M
- Approx assets and equipment: $250-$300K
Licenses:
- Cultivation:Â Growing cannabis
- Cultivation (Nursery):Â Able to propagate immature plants/clones
- Distribution:Â 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?Â
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.Â
Asking Price: $550,000.00Â
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
Elliot Cardenas, DRE CA LIC#Â 02138336
If you have any questions call Elliot (619) 770-2699Â Â
Email: elliot@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
