Posted on July 21, 2022 / 53Listing ID: 430413APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $499,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : (619) 218-6575

This is a great opportunity for someone that is looking to expand their Manufacturing and Distribution business in San Diego County which allows you to operate ASAP. With these licenses you could manufacture, process, package, distribute cannabis products. Most of the space and business is mainly allocated for edible production. This facility could function as a main large scale manufacturing, processing and packaging center for the new operator in the heart of the San Diego Cannabis Market.

There are two options to move forward. One is you could just purchase the licenses and take over the lease for $499,000. The second option is to purchase the license along with the equipment estimated over $700k in value for an asking price of $1.2M. 

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 provisional license.

 

Details:

  • Space: 11,705k SqFt (1,300 Distro Space) 
  • Rent: $3/SqFt + NNN
  • Lease: 3YR Left 
  • Power: 3 phase 480amp
  • Roll-Up Door: 2 (1 in distro, 1 in MFG)
  • CUP at the location place allows for all cultivation and manufacturing type licenses. Does not allow Retail.
  • Option to Purchase the Equipment with the Licenses for $1.2M (See Below)

Equipment List: 

Item Quantity
   
Uniworld Mixer 15 ct 1
Gami One Shot depositor 1
Omcan Mixer 30ct 1
Berkel 40ct mixer 1
Polin Cookie depositors 2
LVO commercial dishwasher FL36 1
Hobart legacy 80ct mixer 1
Nestaflex conveyor belt 3
Entrepack inverted Flow Wrap 1
Entrepack verticle pillow pack 2
Duracold walk in fridge (15×12) 1
Fuji foremost horizontal flow wrapper 1
Big ass fan (10 blade) 3
True Freezer double door 1
savage bro fire mixer 1
Selmi plus ex chocolate temper machine 1
Selmi comfi maxi panner 1
Truffley universal depositor 4
Binder scientific oven 1
Coninous band sealers 3
Olson Rotary bagger 1
Markem ink jet printer 1
Sneed ink jet with conveyor 1
Thermotek oven hood 1
Imperial double stack oven 1
Revent Rotary ovens 2
Savage bro cooling table 1
Outdoor walk in feezer (50ft) 1
Crown ST pallet stacker 1
Ingersoll Rand R75i air compressor 1
Uline bins  200
full size sheet pan trays 1,500+
Rolling Racks 50+
Stainless steel tables 30+
LFA rotary Tablet press machine 1
Pallet racks 12

 

Licenses:

  • 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.
  • Manufacturing Type N- Infusion

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: $499k (Licenses Only) Or $1.2M (Licenses & Equipment)

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

Jeff Taylor, DRE LIC CA# 02121244

If you have any questions Call Jeff (619) 218-6575 

Email: jeff@glbgroupinc.com

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

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Cannabis & Hemp Banking
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