This fully turn-key licensed MicroBusiness in Adelanto, CA, presents a fantastic opportunity for anyone looking to expand their presence in the cannabis industry. The owners have invested approximately $2.2 million in the buildout and licensing process, ensuring that the business is ready for immediate operation. Expanding your current cultivation, extraction, or distribution efforts with this business will give you a competitive edge in the market. One of the key benefits of being located in Adelanto is its favorable city tax rates, which are among the lowest in California. This advantage translates to higher profit margins for your business. Moreover, Adelanto’s strategic location less than two hours away from major markets such as Los Angeles, San Diego, San Bernardino, and Riverside counties ensures convenient access to a large customer base and efficient distribution channels.
The spacious 7,500 sq ft facility comes with a 3-year lease and a 3-year option, providing stability for your operations. The rent is set at a flat rate of $23,750 per month for the first three years, allowing for predictable budgeting. Additionally, the Cultivation & Manufacturing Type 7 licenses are Provisional by the state, ensuring regulatory compliance for the business. Another benefit of this opportunity is the option to either keep the licenses at the current facility or move them to a new 30,000 sq ft facility already secured by the landlord on a 10-year lease. This flexibility allows you to scale your operations according to your growth strategy.
Lastly, the business is currently grossing approximately $125k per month. All equipment is included in the sale, further enhancing the value of this opportunity. Acquiring this turn-key cannabis MicroBusiness in Adelanto will enable you to quickly expand your presence in the industry and capitalize on the growing demand for cannabis products.
Asking Price: $699,000.00
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
Tom Milks, DRE CA LIC# 02064305
If you have any questions call Tom (619) 972-5952
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.