Amazing opportunity for a Micro-Business in Mendocino County. This Business is close to Highway101 and outside of city limits. State provisional and County annual micro business licenses are current, renewing June 2020. The Seller has provisionals for Dispensary, Manufacturing Type 6, Distribution in hand that include real estate! There is also enough space that the new operator could add cultivation and a Consumption Lounge after they take over.
This could be a fantastic second location – or relocation – for existing licensed operators. Mendocino County’s appealing flat rate cannabis business tax has the potential to save tens of thousands of dollars, versus the percentage of gross tax rate that many other areas operate under. All of the above, combined with proximity to arguably the best supply of high quality organic cannabis farmers in the country, makes this location a must-see for anyone who’s serious about success in this exploding industry. This is an amazing opportunity to jump right into the cannabis industry in the heart of the cannabis capital of the world. This deal also includes a billboard that the business can market on, representing a greater value!
- Building: 7,000 sqft Steel Building
- Property: 1 acre I-2 zoned lot.
- Power: Currently 3phase 200Amp, being upgraded to 400Amp
- Building permits are approved and complete remodel is in progress.
- Plenty of Parking Available
- The real estate can be purchased for an additional $1.5million dollars!!!
- Dispensary-Recreational (Adult Use) and Medical License issued for retail
- Manufacturing Type 6- Non-Volatile: Extraction using a mechanical method or non-volatile solvent such as CO2, ethanol, water, or food-grade dry ice, cooking oils, or butter
- Distribution-Distributor licensees are responsible for transporting cannabis goods, arranging for testing of cannabis goods, and conducting quality assurance review of cannabis goods to ensure they comply with all the packaging and labeling requirements. Distributor transport licenses allow for the transport of cannabis goods between licensed cultivators, manufacturers, and distributors
Asking Price: $1mil
($500,000 Down gets you in the door)
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.
Green Life Business Group, Inc DRE CA LIC# 02061374
Drew Mathews, DRE CA LIC# 02091143
If you have any questions call Drew (619) 653-0483
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.