This is one of the most affordable delivery licenses in Los Angeles County, with a low tax rate and is paired with manufacturing and distribution licenses. The location is strategically situated for easy delivery throughout LA, only 3 minutes from the I-5, 6 miles from downtown, 12 miles to Hollywood and 21 miles to LAX.
Type 7 Volatile Manufacturing. Compliant Property CMM2 with Local Municipal License. Operator/Buyer will need to finalize state licenses. Full Due Diligence Package (Municipal License, Incorporation Documents, Business Plan, Layout).
Cannabis Uses: Delivery, Manufacturing, Volatile, Distribution, Extraction
Development Agreement / Local Licensing
– DA available after proof of funds and MNDA are executed
– Business Plan (Available for State Application)
– Full Data Room Will be Shared
– Requires Proof of Funds & MNDA to Tour Property
– 2 Months for State License Application (CREC Compliance can help)
– Operational in 6 Months with Build Out
Terms of Purchase: $2.95M Purchase Price, $1.65M for Property, $1.3M for the business with licenses
45 day escrow (local change of ownership)
Lease option (depending on strength of operator)
– $3/sf + NNN
Proof of funds required to tour property
3% (Manufacturing & Distribution)
5% (Non Store Front Retail – Delivery)
Annual City Fees $32,000, $42,000
We also offer cannabis compliance services and solutions to help your business succeed.
Phone: (866) 810-2022
Miklos Campuzano – Cannabis Real Estate Consultants – DRE# 02072292