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Large Scale Cannabis Cultivation, Manufacturing Type P & Distribution For Sale Includes Real Estate (Desert Hot Springs, California)

Desert Hot Springs, CA, USA
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Cannabis Businesses For Sale | Cannabis Cultivation/ Grow Businesses For Sale

Listing ID : 668980

Listed On January 29, 2024 View Count 241

Listing Updated January 29, 2024

Price For Sale:
$11,500,000
NDA Required:
Yes
Company Name:
Green Life Business Group Inc.
Phone:
(619) 653-0483
Email:
ceo@glbgroupinc.com
Description :

Discover a lucrative opportunity to own a thriving cannabis cultivation, nursery, processor, and distribution business, complete with the valuable real estate it operates on. Spanning across 45,000 square feet with two single-story buildings, this turnkey operation is nestled on 2.5 acres with an additional 1.5 acres boasting approved expansion plans. Featuring two impressive canopy spaces of 10,000 and 22,000 square feet, the facility is equipped with 12 grow rooms and an impressive 757 grow lights, ensuring consistent, high-quality yields. The 12-foot ceiling height enhances the cultivation environment, providing optimal conditions for your cannabis production.Benefit from a strategic location with easy access, ensuring efficient distribution. The absence of an elevator in the single-story buildings simplifies daily operations, making it an ideal setup for a seamless workflow. The Real Estate is appraised at $9.5M, and the owner is asking $3.99M for the business in the event the new owner would prefer to enter into a long term lease. 

The manufacturing license (Type 7) is already issued, waiting for your vision to bring it to operational status. The impressive power infrastructure of 7,000 amps ensures ample electricity to support all facets of your business. Harvesting every 5 days, the business has demonstrated remarkable financial performance, boasting $10 million in gross revenues for 2022 and 2023, with a net profit to match.

Details: 

Space: 45k sqft (2 Single Story Buildings)
Lot: 2.5 Acres + 1.5 Acres w/ Approved Plans
Canopy SqFt: (2) 10K SqFt & 22k SqFt
Elevator: 2 single story buildings, no elevator
Ceiling Height: 12’
Grow Rooms: 12
Grow Lights: 757
Veg Lights: 287
Harvest: Every 5 Days
Power: 7k Amps
Manufacturing Type 7: Issued (Not Operational)
2022 & 2023 Revenues & Net: $10M gross
Real Estate is Appraised at $9.5M
Seller is willing to just sell the Business for $3.99M & Do a Long Term Lease (Seller’s Preference is to sell with the RE)
Licenses: 

Type P: Packaging and Labeling
Provisional Distributor
Provisional Adult-Use-Processor
Provisional Adult-Use-Small Indoor
Provisional Adult-Use-Small Indoor
Provisional Adult-Use-Nursery
Provisional Adult-Use-Nursery
 

Asking Price: $11,500,000.00 (Seller Open to Offers) 

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

Drew Mathews, DRE LIC CA# 02091143

If you have any questions Call Drew at (619) 653-0483

Or Email : ceo@glbgroupinc.com

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

Cannabis Farm For Sale!

Oklahoma City, OK, USA

Cultivation/ Production

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Green Life Business Group Inc.
License:DRE CA # 02061374

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