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Prime Opportunity Fully Turn Key Cannabis Cultivation, Manufacturing Type 6 & Distribution Business For Sale (Downtown Los Angeles, California)

Downtown Los Angeles, Los Angeles, CA, USA
APPLY FOR A BUSINESS LOAN
Cannabis Businesses For Sale | Cannabis Manufacturing / Processing Businesses For Sale

Listing ID : 696939

Posted on April 3, 2024 View Count 204

Price For Sale:
$1,699,000
Facility & Tenant Improvements:
Space: 29,000 SqFt (404 SqFt Distribution, Manufacturing 669 SqFt) Rent: $35k/Month Lease: 7YR Power: 1200 AMPs 280V Rooms: 9 Flower Rooms & 4 Veg Rooms Lights: 350 Flower Lights
NDA Required:
Yes
Company Name:
Green Life Business Group Inc.
Phone:
Eric (858) 245-6324
Email:
broker@glbgroupinc.com
Description :

This fully turn key Indoor Cultivation, Manufacturing Type 6 & Distribution business in Downtown Los Angeles presents a prime opportunity for acquisition. With 7 years left on the lease, the rent is to be determined, 1200 AMPs of power. Strategically located and equipped with 350 Flower lights, the business is turnkey for expansion or entry into the lucrative Los Angeles Cannabis Market. Included in the sale are valuable licenses, streamlining entry barriers for new players and offering growth potential for established businesses. The Seller is on a payment plan with their electric company which the Buyer must assume. 

For newcomers, this acquisition offers a shortcut into the thriving cannabis industry, while established businesses can leverage the existing infrastructure and licenses for expansion. The stable lease terms and ample power supply add to the appeal, making it an ideal investment opportunity. Act now to capitalize on the booming cannabis market in Downtown Los Angeles!

Details:

Space: 29,000 SqFt (404 SqFt Distribution, Manufacturing 669 SqFt) 
Rent: TBD
Lease: 7YR
Seller on Payment Plan with Electric Company that Buyer Must Assume
Power: 1200 AMPs 280V 
Rooms: 9 Flower Rooms & 4 Veg Rooms
Lights: 350 Flower Lights 

License: 

Cultivation: Growing cannabis
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).
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: $1,699,000.00 (Open to Seller Financing) 

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

Carla Estrada, DRE LIC CA# 02220955

Eric Espinoza, DRE CA LIC# 02077927

If you have any questions call Carla (619) 952-2929 or Eric (858) 245-6324 

Email: broker@glbgroupinc.com or pm@glbgroupinc.com 

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

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Green Life Business Group Inc.
License:DRE CA # 02061374

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