Listing ID : 672492
Listed On February 6, 2024 87
Listing Updated June 11, 2024
Asking Price: $395,000
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: $395,000
- Renewed Licenses June 2024
REAL ESTATE HIGHLIGHTS
- 400 Amps Three Phase Power
- 4,786 sq ft space ($7,550 including NNN)
- 5-year lease with 4 years remaining (can negotiate a lease extension)
- New Roof
- New HVAC System (Multiple Zones)
- 5 Parking spaces
- Potential to buy property, please inquire.
Listing Highlights
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