Cannabis Distribution / Manufacturing License in hand w/ Real Estate (Los Angeles County)Popular Sold
License / Posted 9 months ago / 676 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.
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.
Kay Akel, DRE License # 01702478
If you have any questions call Kays’ assistant Drew Kelly 619-653-0483
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
Cannabis Brokers, Marijuana Real Estate Brokerage, Cannabis broker.