Act now to seize this rare chance to own a fully approved and operational cannabis MicroBusiness in Oakland’s safest building! The business is a general license, not Social Equity. Launched at the end of 2023, this 1200 SqFt gem boasts both local and state approvals for Distribution, Manufacturing & Delivery with over $300k invested in permits and top-tier buildout. Priced to sell fast at license value, it offers a long-term lease at $4634+ NNN per month. This turnkey operation is a hot commodity in a prime location. This is a great opportunity for a company or brand that is looking to enter or expand into the Bay Area market with a low cost of entry. With a delivery and distribution license, you could delivery and pick up as far as logistically possible within the State of California, representing a greater value!

Details:
Space: 1200 SqFt
Rent: $4,634 + NNN
Lease: 2YRs Left w/ 5 YR Option
4 rooms: Office + Licenses
Wholesale Inventory Included: $50k
POS: Blaze
Ceiling Height: 9′
Employees: 3
2024 YTD Gross Revenues Jan – Mid July: $419k
Capital Invested: $300k
DCC License Type: Provisional

Licenses:

Retailer Non-Storefront License- Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.
Manufacturing- Make cannabis products through infusion
Distribution– Distribution of medical cannabis and medical cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where product is stored for the purposes of distribution.

Asking Price: $125,000.00 (Seller Open to Offers w/ $75k Down)

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

Eric Espinoza, DRE CA LIC# 02077927

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

Email: broker@glbgroupinc.com

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