Unique opportunity to acquire a 4,000 SqFt Manufacturing & Distribution space in the most desirable location in Southern California, City of Los Angeles!!! The business is located in Chatsworth, CA in the San Fernando Valley. The owner has put in over $250k into the buildout and getting the business to this stage in the licensing process. Currently the business is only licensed at the local level and the owner is submitting for the state license this month before the Provisional deadline of March 31st, 2021. The owner estimates they could have the state license within 60-90 days with all compliant permits and lease in hand.
Los Angeles County currently has a population of over 10M and continues to have a steady rise in popularity. This is a great opportunity for someone who is looking to expand their Manufacturing & Distribution footprint in the LA County Market. 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.
Asking Price: $450k (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 CA LIC# 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.