Opportunity to acquire a Cultivation 22,000 SqFt Canopy License in Los Angeles County, the Mecca of the cannabis industry in CA. This is a pre-revenue opportunity, the new owner will have to complete TI’s to bring it up to code. This building has 50 tons of AC and potential to grow. Currently, there are 4 flower rooms with the ability to hold a total of 1204 plants. With over $3M invested into the build-out, the new owner could retrofit and implement a double stack veg room of 12 LED lights and add a metric station. Once fully retrofitted there would be a total of 87 lights and the business could potentially generate $3M in gross revenue per year!!
Cannabis Businesses have been labeled as essential businesses back in March, 2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
4 Flower Rooms & Veg Room:
Looking for Funding?
Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this.
Asking Price: $ 1,999,000.00 (Seller Open to Offers)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Eric Espinoza, DRE LIC CA #02077927
If you have any questions call Eric (858) 245-6324
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.