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Partial Equity Or Lending – Long Beach – Cultivation, Distro & Mfg INCLUDES BUILDING

1470 Cota Avenue, Long Beach, CA, USA
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Cannabis Businesses For Sale | Cannabis Cultivation/ Grow Businesses For Sale

Listing ID : 257544

Posted on May 10, 2021 View Count 606

Price For Sale:
$2,100,000
License Type:
Medical & Recreational
Power:
Sufficient, All New AMPS
Terms of Sale:
Cash, Joint Venture
Company Name:
BeGreenLegal
Phone:
858-630-5363
Email:
ccahill@begreenlegal.com
Description :

Fantastic opportunity with very fair organization that cuts your time to market in half or more.  With less than you need to start a small grow, you’ll be partners in a much larger venture, and get security and expertise. To get their State Licensed Cultivation, Distribution & Small Manufacturing Microbusiness open and cash flowing, our client needs $2.1 total, which covers rehab ($1.7M) and start up opex ($400k). These funds can be in form of Loan, Equity, Line of Credit used to pay Subs and for Equipment,  or a combination.  Included property worth at least $2.5M now, $4.5M+ (excluding cannabis use) after combination of two buildings and creation of an additional 2k sq ft. which has been permitted. Owners are open to active or silent partners, security in the building and company assets are available, including option of taking out the $1.3M first and/or $1M second positions. Harvests will be in Spring/Summer 2022, Distro open prior.  Great access to LA and SoCal markets. 

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