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TURNKEY DISTRIBUTION AND TYPE 6 MANUFACTURING FACILITY IN LOS ANGELES

Sun Valley, Los Angeles, CA, USA
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  • Cannabis Businesses For Sale | Cannabis Manufacturing / Processing Businesses For Sale
  • Cannabis Businesses For Sale | Cannabis Manufacturing / Processing Businesses For Sale
  • Cannabis Businesses For Sale | Cannabis Manufacturing / Processing Businesses For Sale
  • Cannabis Businesses For Sale | Cannabis Manufacturing / Processing Businesses For Sale
  • Cannabis Businesses For Sale | Cannabis Manufacturing / Processing Businesses For Sale
  • Cannabis Businesses For Sale | Cannabis Manufacturing / Processing Businesses For Sale
  • Cannabis Businesses For Sale | Cannabis Manufacturing / Processing Businesses For Sale
  • Cannabis Businesses For Sale | Cannabis Manufacturing / Processing Businesses For Sale
  • Cannabis Businesses For Sale | Cannabis Manufacturing / Processing Businesses For Sale
  • Cannabis Businesses For Sale | Cannabis Manufacturing / Processing Businesses For Sale

Listing ID : 672492

Posted on February 6, 2024 View Count 10

Price For Sale:
$550,000
Gross Revenue:
$500,000
Cash Flow:
$-1
Real Estate:
Leased
License Type:
Medical & Recreational
Rent:
$7,550
Size:
10,000 Sq. Ft.
Power:
400 AMPS
Utilities:
Electricity, City Water, Sewer, Garbage
City Cannabis Tax Rate:
1%
Facility & Tenant Improvements:
The property has undergone $2,000,000 in improvements. The location is ideal for a distribution hub. Located within 20 minutes of the San Fernando Valley, 30 minutes of DTLA, and 1 hour of Long Beach. The business currently leases the property for a low rental rate, and has a good relationship with the landlord. New operator could execute a new lease, or have the existing lease assigned to them.
Growth and Expansion Opportunities:
License includes Distribution
Reason for Selling:
Not interested in operating in the California market while in another state.
Company Name:
WeCannCA
Phone:
8589254553
Email:
miklos@wecann.biz
Description :

Asking Price: $550,000
License for Sale w/ Attractive Lease in Place

Great opportunity to step in to fully built out and licensed distribution and Type 6 Manufacturing facility located in Sun Valley, CA, under Los Angeles/DCR jurisdiction. Seller has been infusing cartridges and distributing successfully from this location. Seller is currently operating on a limited capacity at the property allowing for a smooth and easy transition for the buyer.

BUSINESS HIGHLIGHTS

  • Type 11 Distribution
  • Type 6 Manufacturing – Non-volatile Extraction
  • Ideally located to distribute efficiently to all of LA and surrounding markets
  • Out of sight, secure location
  • No debt tied to license or entity
  • Fully compliant with Local and State Regulators
  • Sales Price for both licenses: $550,000

REAL ESTATE HIGHLIGHTS

  • 400 Amps Three Phase Power
  • 10,000 sq ft space$0.75/sq ft ($7,550)
  • 5-year lease with 4 years remaining (can negotiate a lease extension)
  • New Roof
  • New HVAC System (Multiple Zones)
  • 5 Parking spaces
     

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