Extraordinary opportunity to acquire a Cannabis Cultivation Business! This boutique and fully licensed cultivation is located in Sacramento, California. Currently the owner has a harvest every month with each room set one month after the previous room, in order to maximize revenues. In 2021 the gross revenues for the cultivation were $400k and is on track to do $500k in 2022. The owner has a provisional license in hand, and a secured lease with a 5YR w/ 3YR option just established again in April of 2022. The new owner could reap all the benefits of this fully operational cultivation business and have room to grow in the ever expanding California Cannabis Industry.
This is a great opportunity for someone who is looking to expand their footprint in the Sacramento Cannabis Market, while also taking advantage of the very nearby major markets, a multi-state operator or someone who is looking to enter the industry.
California recently announced the “Provisional”, or temporary license, program will sunset June 30, 2022 which means that in order to operate legally you must go through the arduous and time consuming process of getting a full “Annual” license or acquire an already existing state provisional license.
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: $599k (Seller Open to Offers)
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Elliot Cardenas, DRE LIC CA #02138336
If you have any questions Call Elliot at 619-770-2699
Email : firstname.lastname@example.org
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.