Posted on August 19, 2022 / 132Listing ID: 443500APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $175,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : 6197702699

Great opportunity to acquire a fully turnkey cannabis Distribution business in Palm Springs (Riverside County). The 2,700 Sq Ft facility is fully compliant and ready for a new operator. There are no debts or liabilities on the license and the license was just renewed in June of 2022. The current owner has already taken the necessary steps in order to have the facility be fully compliant with high end security. A fully turnkey business is a great option for someone looking to operate as soon as possible as the current owner has already gone through the lengthy licensing process in order to obtain the State license.

This is a great opportunity for someone looking to expand their footprint in Riverside County 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:

  • Space: Approx. 2,700 Sq. Ft.
  • Rent: $7,325
  • 5YR Lease is what LL looks for.
  • Yearly CAM charge Approx. $700
  • No Liabilities
  • No Debt
  • No Contractor Debt
  • No Vendor Debt
  • Current on all charges
  • License was just paid and renewed in June (Fully Active)
  • Full Buildout done and Completed
  • Fully TurnKey
  • One Roll Up Door.
  • Security Cameras and Safe Storage Area.

Licenses:

  • 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: $175,000.00

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

Elliot Cardenas, DRE CA LIC# 02138336

If you have any questions call Elliot (619) 770-2699 

Email: elliot@glbgroupinc.com

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

MASSIVE UPSIDE POTENTIAL- Three Licenses, turn key, competitive lease, owner financing available. Richmond, CA.
You can do it all. Grow premium indoor for flower sales. Use the Type 7 equipment to create your own extract products. Use the distribution van to sell directly to dispensaries.VIEW LISTING
Contact Listing Owner
Cannabis & Hemp Banking
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