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747
Price : $3,450,000
Listing Type : License
Status : ACTIVE
Medical or Recreational : Recreational, Medical, Both
Company Name : Green Life BusinessGgroup, Inc
Phone : 619-653-0483

Amazing opportunity for a prime Southeast Los Angeles facility with licenses attached for Non-Storefront Retail Delivery, Type 7 Volatile Manufacturing & Distribution. This will allow the new operator to prepare for extraction production, retail and distribution expansion to meet increasing demand from the consumer and statewide retailer channels. This facility has an easy access of 2 Minutes from the 710 Freeway, 2 Miles from the 5 Freeway and 4 Miles from Downtown Los Angeles. Security goes by the building and operates 24/7. 

There are at least 300 Retail stores opening in Los Angeles County over the next few years creating a need for for White Labeling and Distribution opportunities.

By simply implementing the Delivery service and not factoring the other licenses, the Delivery can bring in an additional $8MM alone. An average delivery service does between 150 and 200 deliveries a day, a really good one will do between 250 and 400 a day. Average ticket on deliveries are higher than storefronts, industry average is 110 per order. At 200 deliveries a day at the $110 average order, the Delivery can provide an additional $8MM in revenue per year

Licenses:

  • Type 7 Volatile Manufacturingcan use both nonvolatile and volatile solvents in its extractions and infusions.
  • Type 9 Non-storefront Retail DeliverySells cannabis goods to customers exclusively through delivery. A retailer non-storefront must have a licensed premises to store the cannabis goods for delivery. The premises of a non-storefront retailer shall not be open to the public.
  • Type 11 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

Details: 

  • Space: 4,500 sqft
  • Current Plans :1800  Sq Ft allocated for Manufacturing, 1600  Sq Ft allocated for Delivery Retail, 1100  Sq Ft allocated for Distribution
  • Power: 1200 Amps 3 Phase
  • Ceiling Height: 16’
  • Owner Values the Real Estate at $2M 
  • $1,450,000 for the License
  • Buyer is open to a Business License only purchase with No real Estate and a Long term lease but not preferred. 

Asking Price: $3.45mil (Includes all 3 licenses and the Real Estate) 

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

Green Life Business Group, Inc DRE CA LIC# 02061374

Drew Mathews, DRE CA LIC# 02091143

If you have any questions call Drew (619) 653-0483

For more information visit – 

Type 7 Volatile Manufacturing, Non-storefront Retail Delivery, Distribution Licenses Includes Real Estate For Sale (LA County) #218

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