Posted on May 12, 2022 / 311Listing ID: 398052APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $125,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : (619) 972-5952

This is a great opportunity for someone that is looking for Manufacturing Type 7 & Distribution in Long Beach, CA. Manufacturing Type 7, know as Volatile extraction licenses are difficult to obtain due to so many cities restricting its use, however Volatile extraction is the most efficient and speedy way of extracting cannabis. Medicinal and Adult use applications have been deemed complete by the city, MEP’s approved by building and safety, and the Owner has fully approved plans and all permits for the build out from the City of Long Beach. New owner will have to start the buildout and continue the licensing process in order to be operational. Long Beach is now known for its favorable tax rates and fair cannabis policies. Long Beach’s local tax rates are 1% of Gross Receipts for Manufacturing, Distribution, Testing, $13.20 per Square Foot under Cultivation &  8% of Gross Receipts for Retail.

Details: 

  • Space: 4,412 SqFt
  • Rent: $8,775/Month
  • Lease: Until 2024 w/ an Option for 5 YRs
  • MEP’s approved already
  • Power: 200 amp 3 phase
  • Additional Power Source: 100 amp 1 phase
  • Roll-Up Door
  • Ceiling Height: 9.5 ft-12 ft
  • Plenty of Street Parking
  • Owner has fully approved plans and all permits for the build out from the City of Long Beach

 

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: $125,000.00 (Seller Open To Offers)

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

Tom Milks, DRE LIC CA# 02064305

If you have any questions Call Tom at (619) 972-5952

Or Email : tom@glbgroupinc.com

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