Business Description
Unique opportunity to acquire a fully operational delivery, cultivation and distribution cannabis business in California City (2hrs North of LA). California City is in Kern county which is North of LA, and has other major cities like Bakersfield (Population 380k) an hour away. Currently the business is on pace to do $2.2M in gross revenues. The business is located in a perfect central location within the city with easy freeway and highway access. This cutting edge cannabis business meets state and local requirements. The building space is laid out as 1,280 SqFt in Canopy space with 416 SqFt Vegetation space and 800 SqFt allocated to the Delivery and 1,000 SqFt for the Distribution. The license is located in California City (Population of +14k), but it is not limited to delivering within the county.
These state-licensed “non-storefront” delivery companies can deliver to all of California! The simplicity of home delivery provides the convenience that many consumers and patients appreciate with the benefit of quality cannabis products.
California City Cannabis Tax Schedule Link
Details:
- Space: 800 SqFt Delivery, 2500 SqFt Cultivation (1280 SqFt Canopy, Veg 416 SqFt), 1k SqFt Distribution
- Rent: $7k/Month
- Lease: 5 YR w/ option to extend 5YR
- Power: 400 AMPS 3 Phase
- Cultivation Ceiling Height: 12ft
- Lights: 80 lights, Double Rack, LEDs
- Cultivation: 4-5 Cycles a YR per Room (2 Rooms)
- POS: IndicaOnline
- Employees: 15
- Delivery Wholesale Inventory:
- Delivery Avg Ticket: $90/order
- Delivery Avg orders: 60-70/Day
- Customers in database: Estimated 15k
License:
- Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.
- Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all cannabis businesses: Manufacturers, Cultivators, Nurseries, Retailers, Distributors.
- Cultivation: 5k SqFt Canopy
Asking Price: $2,800,000.00 (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
Eric Espinoza, DRE LIC CA# 02077927
If you have any questions Call Eric at (858) 245-6324
Or Email : eespinoza@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
Business Details
- Price: $2,800,000
- Business Type: Cultivation, Delivery Retail Only, Distribution, Manufacturing Type 6 NON Volatile
- Business Status: For Sale
- Location: California
- Down Payment Required: $1,400,000.00
- Gross Revenue: $2,200,000.00
- Capital Invested: $1,000,000.00
