Distribution / Manufacturing License in hand w/ Real Estate (Los Angeles County) #0093New Popular Medical, Recreational, Real Estate Included
License / Posted 1 month ago / 277 views
FULLY LICENSED TURN-KEY CANNABIS MANUFACTURING OPPORTUNITY IN LOS ANGELES (PRE-OPERATIONAL)
Asking Price: $4,500,000
Cash Flow: N/A
Gross Revenue: $20,000,000 (projected)
EBITDA: $10,000,000 (projected)
Real Estate: $3,000,000
Fully licensed, TURN-KEY, cannabis manufacturing facility in a prime Los Angeles market (30 minutes from downtown Los Angeles).
All licenses are in place to begin operations immediately!
- Conditional Use Permit (“CUP”) Granted
- Commercial Cannabis Manufacturing/Distribution license
The business is uniquely positioned to have a first mover advantage in the largest medical and recreational cannabis market in the U.S.
Stabilized annual EBITDA is targeted to be in excess of $10M. The enterprise value of the business is projected to exceed $100 million in the next 3-5 years (10 x EBITDA multiple).
This business is an “A+” location with proximity to the several major freeway interchanges. It is in an industrial zone along a manufacturing corridor that is an ideal site for manufacturing/distribution throughout the highly coveted Southern California market.
The Seller is willing to stay with the business and provide assistance (if needed) with the following: (1) State license, (2) equipment selection, procurement and installation, (3) operator training and (4) feedstock and product off-takes.
This is a time sensitive opportunity priced to sell quickly. Only principals need apply.
Proof of funds is mandatory!
Real Estate: Owned. Included in the asking price
Lot SF: ~ 25,000 SF
Manufacturing Building SF: ~ 9,000 SF
Office building (adjacent) SF: ~ 4,000 SF
Facility: Industrial metal building on a gated 25,000 lot with significant expansion possibilities The ceiling is approximately 23’ feet high, and it is currently serviced by 1200amps of 480v/3phase power.
Competition: The medical cannabis market in Los Angeles alone already rivals that of the entire state of Colorado, at $1 billion per year. Be one of the first fully licensed manufacturing/distribution facilities in Los Angeles to take advantage of the explosive growth in the recreational market in California.
Support & Training: Seller to provide full set of process layout engineering drawings for illustrative purposes and may provide assistance (if needed) with the following: (1) State license, (2) equipment selection, procurement and installation, (3) operator training and (4) feedstock and product off-takes.
Reasons for Selling: Seller is a California based full service cannabis business development firm with a focus on real estate, consulting, full application support, operations management, strategic partnerships, brand and product development, integrated operations and much more.
This is an amazing opportunity to enter California’s fastest growing industry. If you are serious about moving forward with this opportunity, please contact Drew (619) 653 0483
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.