Posted on February 2, 2022 / 246Listing ID: 341460APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $399,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc.
Phone : 858-245-6324

This is a great opportunity for someone who is looking to start or to expand their Nursery, Manufacturing, Distribution & Delivery footprint in the Bay Area! The owner has both local and state licenses in hand, making this a truly turn-key business opportunity. The Microbusiness is being sold at license value allowing the new owner to operate with a clean canvas, the seller will be keeping the brand and book of business. The new owner would be taking over the licenses and lease at the existing location.

Cannabis Businesses were labeled as essential businesses back in March of  2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open. California recently announced the “Provisional”, or temporary license, program will sunset June 30, 2022 which means that in order to operate legally you must go through the arduous and time consuming process of getting a full “Annual” license or acquire an already existing state license.

Details: 

  • Space: 2,077 SqFt
  • Rent: $4,676 p/m + NNN
  • Lease: 5YR w/ a 5 YR Option
  • Parking Spaces: 7+
  • Ceiling Height: 9′
  • Building: On site 24 hour armed security, gated entry, and 24 hour secure key card access to building included with NNN
  • ​​Office Security: Monitored alarm system, safe, secure product storage room & security cage, and security cameras with NVR

Licenses:

  • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.
  • Cultivation (Nursery): Able to propagate immature plants/clones
  • Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all other cannabis businesses; Manufacturers, Cultivators, Nurseries, Retailers, & Distributors.
  • Manufacturing Type 6: For manufacturing sites that produce cannabis products using nonvolatile solvents or mechanical methods (ex: CO2, ethanol, water, or food-grade dry ice, cooking oils or butter). Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, Drinks (all manufactured cannabis products).

 

Asking Price:  $399,000.00 (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

Eric Espinoza, DRE CA LIC# 02077927

If you have any questions call Eric (858) 245-6324 

Email: eespinoza@glbgroupinc.com

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