Unique opportunity to acquire a 10,000 Sq.Ft. Cultivation, Manufacturing Type 6, Manufacturing Type 7 & Distribution space in the highly demanded city of Santa Ana. The owner has put in over $1M into the project and getting the business to this stage in the licensing process. The new owner would have to continue the buildout and continue the licensing process in order to become operational and compliant. About 90% of the framing has been completed and the current owners have gone through the power upgrading process with the city of Santa Ana which usually takes about a year to get done and is now completed. The facility has had an inspection done that has approved the mezzanine area and plumbing. The current owners have also reinforced the roof. The facility is strategically located near well known dispensaries and is considered to be a prime location for a new operator.
This facility also has a CUP for Manufacturing Type 7 adding a greater value as Manufacturing Type 7 businesses are harder to obtain and high in demand.
This is a great opportunity for someone who is looking to expand their footprint in the Santa Ana Cannabis Market, while also taking advantage of the very nearby major markets, a multi-state operator looking to target a clean canvas or someone who is looking to enter the industry.
Cannabis Businesses were labeled as essential businesses back in March of 2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
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: $699,000.00
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
Elliot Cardenas, DRE CA LIC# 02138336
If you have any questions call Elliot (619) 770-2699
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
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