Great opportunity for a pandemic and recession proof business in the Cannabis Distribution Market located in the Mecca of the industry, Los Angeles! This is a fully operational turn key distribution business, licensed by both the city and state. Currently the core of the business is Distribution with over 50 Clients in their database and a Gross Revenue of $11M for 2021, the owners also have a genetics research lab for Cultivation at the facility representing a greater value. The current owner has invested over $800k into the buildout & T.I.s for the genetics lab, the space can be used for Tissue Culture, Seeds, Clones or Flower.
- Distribution Space: 3,000 SqFt (Offices & Showroom)
- (3) Large Sprinter Vans w/ Cooling
- Full Security System in Place
- Roll Up Doors: Yes
- Includes Safes, Cages, etc
Employees: 2 Managers, 4 Budtenders, 3 Drivers, 1 Marketing, 1 Compliance, 1 Engineer/ Designer
Security: 2 During Operating Hours
- Cultivation Space: 2,500 SqFt
- Power: 400 AMPs
- Genetics Lab is Fully Operational ($800k+ Invested into the Buildout & T.I.s)
- Could be used for Tissue Culture, Seeds, Clones, or Flower
- Includes 24x Fluence LED Lights, Tables, Dehumidifiers, Samsung high tech Climate Control
- Fully Automated and Computer controlled Fertigation and Environment lab
Expenses & Costs:
- Employees: $30k/Month
- Rent: $18k/Month
- Insurance: $2k/Month
- Security: $20k/Month
- Accounting: $7k/Month
- Misc: $20k/Month
- Distribution License- 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.
- Speciality Cultivation License- Up to 5,000 SqFt of Canopy.
Asking Price: $4.5M (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 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.