Posted on September 13, 2022 / 187Listing ID: 456467APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $2,500,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : 6196530483

Rare opportunity to acquire a MicroBusiness with Retail, Delivery, Cultivation, Manufacturing Type 6 and Distribution licenses in the city of San Bernardino, CA (Population 216k). The licenses sit on a 17,000 SqFt free standing facility that has local approvals from the  City of San Bernardino. The new owner must complete the buildout and licensing in order to become operational.  The building has easy highway access and plenty of parking, making this a great destination shop for anyone looking to expand their cannabis footprint as you could be fully vertical under 1 roof!

Cannabis Business Tax: Effective May 1, 2022, the Cannabis Tax rate for Cannabis Production Facilities (Cultivation, Manufacturing, Distribution, Storage) is 2 percent of monthly gross receipts. Each business is required to remit monthly the full amount of taxes owed based on previous month activity.

Details: 

  • Space: 17,000 SqFt
  • Lot: 0.78 Acres
  • Building: Is owned and for sale
  • Parking Spots : 30+
  • Power: 400 AMPs Currently, Needs to be Upgraded
  • Ceiling Height: 14-16Ft
  • New Owner Could Double Stack Cultivation
  • Local Approval from City in Hand
  • Option to Purchase Real Estate On Top of Business

Licenses:

  • Retail Storefront: Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance.
  • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.
  • Cultivation: Growing cannabis
  • Manufacturing Type 6: Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, Drinks (all manufactured cannabis products).
  • 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: $2,500,000.00 (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

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.

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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