Fully Operational Turnkey Cultivation & Distribution Business For Sale (Santa Cruz, California) #721

  • $899,000

Business Description

Just Reduced From $1.3M to $899K

Unique opportunity to acquire a fully turnkey operational Cannabis Cultivation and Distribution business in one of California’s most strategic cannabis markets, Santa Cruz. The business stands on a 15,000 Sq. Ft. facility that is also zoned for Manufacturing Type 6 and is currently utilizing 6,000 Sq. Ft. The business has the opportunity to expand current operations into the fully approved 15,000 Sq. Ft of Indoor Cultivation and Distribution adding a greater value. There is currently 6,500 Sq. Ft ready for development. Current owners have made sure the business is fully compliant with City and State regulations as well as going through the lengthy licensing process in order to achieve a fully compliant turnkey business. This business currently has an established brand with unique marketing and beautiful packaging adding a greater value. This turkey business has been consistently producing harvest after harvest of potent indoor cannabis with a meticulous focus on quality. Environments have been perfected, SOPs developed, IPM obsessively maintained, and custom nutrient blend fine tuned. 

Santa Cruz is centrally located near some of California’s largest cannabis markets such as San Francisco, Oakland, Sacramento, Los Angeles and many neighboring cities. This location allows for servicing both in Northern California and Southern California. 

This is a great opportunity for someone looking to expand their footprint in the Bay Area while also taking advantage of the very nearby major markets, a multi-state operator or someone who is looking to enter the industry into a fully turnkey business.

Details:

  • Space: Currently Operating under 6,000 Sq. Ft. 
  • Ability to expand operations onto the Fully Approved 15,000 Sq Ft of Cultivation
  • 6,500 Sq. Ft. of Empty Space Ready for Development
  • $1.80 Per Square Foot + NNN
  • Lease Terms: 5YR w Option to renew (3% Yearly Increase) 
  • Power: 800 AMP 3 Phase with Backup generator 
  • Net Profits: 12%-15%
  • Building Zoned For Manufacturing Type 6 
  • 60 Flowering Lights
  • Established Brand
  • Currently in ⅘ Suites (Plans Drafted for full development of cultivation) 
  • 2 Fully Climate Controlled Indoor Flowering Rooms with mixed LED 
  • Licensed Vehicle with security cage for Distribution and Pick Ups
  • Centralized location
  • Annual Licenses in hand 
  • Large Reverse Osmosis Water Filtration System 

 

Licenses:

  • Cultivation: Growing cannabis
  • 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.
  • Manufacturing Type 6: Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, Drinks (all manufactured cannabis products).

 

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: $899,000.00

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

Elliot Cardenas, DRE CA LIC# 02138336

If you have any questions call Elliot (619) 770-2699 

Email: elliot@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.

Business Details

  • Price: $899,000
  • Business Type: Cultivation, Distribution, Manufacturing Type 6 NON Volatile
  • Business Status: For Sale
  • Location: California
Green Life Business Group, Inc DRE CA LIC# 02061374
Pictures shown are for illustrative purposes only and do not represent the actual business, unless otherwise noted.

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Elliot Cardenas, Agent
  • Elliot Cardenas, Agent