112Listing ID: 249094GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $4,000,000
Status : ACTIVE
Company Name : Green Life Business Group Inc.
Phone : 858-245-6324

Great opportunity for a fully turn-key Northern California Retail, Manufacturing & Distribution business that also includes Real Estate. The Dispensary has been in operation since 2017 and generated $1.8M in Gross Revenues for 2020. The Manufacturing is a Type 6 Non-Volatile, and currently does a variety of products including, infused pre-rolls, full spectrum oil extraction perfect for edibles, tinctures, vape pens, etc. 

There are two separate buildings and lots, Total Space +10,000 SqFt, Commercial Zoning, with easy access to the freeway. 

Retail:

  • Retail Space: 1,200 SqFt
  • Rise in sales since opening with a projected increase of sales of 25% for 2021.
  • City, State and Metrc compliant. Successful system established for ordering, receiving, and selling products with Metrc integration. Completed SOPs for all activities.
  • Custom showroom with natural wood look. Newer display cases, flooring and computer equipment.
  • Trained and knowledgeable staff with positive community and customer relationships.
  • Modernized security with over 30 cameras and onsite protection
  • Employees: 14 (Includes Retail, Manufacturing & Distribution)

Manufacturing & Distribution: 

  • Manufacturing Space: 1,100 SqFt
  • Distribution Space: 1,200 SqFt
  • Preroll manufacturing system with weight check on prerolls. Large scale system with investment in equipment over the past two years, valued at $150k.
  • Oil manufacturing –Type 6 Extraction Machine and Rosin Room investment of equipment over the past two years, valued at $150k.
  • Full new commercial kitchen/ lab buildout with washable walls, compliant sinks and floor drains. perfect for oil and edible production
  • Separate offices with Loading dock and roll up door.
  • Secure location with safe storage areas
  • Brand new commercial kitchen and employee kitchen. 3 restrooms.

Building #1

  • Space: 7,500 SqFt, Fully insulated, modernized building
  • Currently divided as 1200 SqFt Retail space, 1100 SqFt Manufacturing space, 1200 SqFt Distribution space.
  • Brand new commercial kitchen and employee kitchen.
  • 3 restrooms.
  • 2nd floor provides an additional 3000 SqFt for expansion of storage, work zones, etc
  • Onsite composting trailer for cannabis waste.
  • 12 fenced-in, off street parking spaces as well as 3 spaces in the front of the building for easy shopping and curbside service.

Building #2

  • Space: 2500 SqFt Duplex, Two story
  • Currently 2 vacant, clean, living units – 3 bedrooms, 1 bath each. Decks, parking and small yard area.
  • Perfect for additional offices, storage, expansion, etc.

Licenses: 

  • Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, cannabis and cannabis products as part of a retail sale.
  • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer
  • 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 cannabis and 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: $4,000,000.00 (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

Eric Espinoza, DRE LIC CA# 02077927

If you have any questions Call Eric at (858) 245-6324

Or Email : eespinoza@glbgroupinc.com

Contact Listing Owner
Cannabis & Hemp Banking
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