Posted on July 21, 2021 / 362Listing ID: 269935GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $349,000
Status : ACTIVE
Company Name : Green Life Business Group Inc.
Phone : 619-770-2699

The owners have local conditional approvals for Manufacturing Type 6 & Distribution in hand! There is no existing operation just licenses and a lease, the new owner would have to finish the built out (90% Completed, about $150k Needed for Final Approvals) along with completing all necessary licensing and approvals, in order to obtain the Building Operating Permit and become operational. This is a great project for anyone that is looking to add a Northern California Manufacturing & Distribution hub, in a city with favorable tax rates.

Sacramento Cannabis Businesses pay a business tax of 4% of their gross receipts.  Taxes are remitted on a monthly basis.  You will begin paying tax once you begin operating and generating revenue.

Details: 

  • Owner has invested $250,000 into the buildout, fixtures and Equipment all included with the sale.
  • Space: 4,800 SqFt
  • Power: 500 AMP 3 Phase (Upgraded Electrical)
  • Rent: $7,800/Month
  • 5 YR w/ 5 YR Option (2Yrs In)
  • First Right of Refusal to Purchase Building
  • ADA Compliant Bathroom, Laundry, Commercial Kitchen
  • Pallet Racks (6 bays) Included
  • Engineered Mechanical Plans, Architectural Drawings Approved
  • TCB Spark Resistant Fans
  • Forklift 6,000lb Propane Warehouse Forklift Included
  • Misc Formulation Equipment Tables, Glassware, Scales, etc.
  • Cryofridge Sanyo (-40)
  • (2) 40′ x 8′ x 9′ high boy adjoined/modified shipping container extraction lab/secured storage. C1D2 compliant. Interior is finished.

Licenses:

  • 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: $349,000.00 (Seller Financing Available)
 

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

Elliot Cardenas, DRE CA LIC# 02138336

Email: elliot@glbgroupinc.com

If you have any questions call Elliot 619-770-2699 or Eric 858-245-6324 

Vertically Integrated Retail & Cultivation Empire (Perris & Adelanto, CA) | $29.9M
Opportunity for a Vertically Integrated Retail & Cultivation Empire. This business offers opportunity for absentee ownership, extraordinary sales annual increases, and room to scale!
Call Drew Mathews at (619) 653-0483 for more info. DRE CA LIC# 02091143
VIEW LISTING
Contact Listing Owner
Cannabis & Hemp Banking
You May Also Like