Great opportunity to add additional locations and/or license types to maximize revenue, in the Bay Area! Currently the business is fully licensed at the local and state level for Delivery, Distribution & Manufacturing Type 6 in Oakland, CA. The business sits on a 3k SqFt unit, with 1,500 SqFt allocated to the Distribution, 1,000 SqFt for Manufacturing and 500 SqFt for the Delivery. The facility has a gated loading yard allowing added security, and has easy highway access. The owner is not looking to sell the business or licenses, only interested in entering into MSAs.
Under a Management Service Agreement (“MSA’s”) a company could operate under an already licensed cannabis business, in order to expand in new markets, save costs on applying or purchasing their own license, etc. The new company that enters into a management service agreement will have to pay Management Fee’s such as an Initial Fee, Rent, etc. all depending on the scope, space required based on the companies needs. The owner is open to negotiations if a company is only interested in one use or all three.
California recently announced the “Provisional Deadline” (MJBizDaily Article), or temporary license, program will sunset June 30, 2022 with the first deadline being March, 31st, 2021. This means that in order to operate legally you must go through the arduous and lengthy time consuming process of obtaining a full “Annual” license or the only other option would be to acquire an already existing licensed business.
Initial Management Fee: $50,000.00
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
Eric Espinoza, DRE LIC CA# 02077927
If you have any questions Call Eric at (858) 245-6324
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.