Business Description
Great opportunity for a well established Turn-Key operational Distribution & Cultivation business located in Lake County, CA that includes the Real Estate! The property itself is valued over $600k and an additional $300k+ was invested into the grow. The Cultivation is approved for 5,000 Sq Ft of Mixed Light. The business is licensed at the local and state level. There are two greenhouses for flowers, a shop for veg/moms, and there is still room to expand the grow as only 2,500 Sq Ft of cultivation has been built out. Currently the operation harvests every 30 days and there is room for more green houses. The business has also been approved to submit a Microbusiness license application to include Type 6 Manufacturing! The farm is private, has plentiful water, easy access to unlimited power, and great sun. Owner’s open to financing at 40% down.
Cannabis Businesses have been labeled as essential businesses back in March, 2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
Details:
- 1,440 Sq Ft 3 BD 2 BA Manufactured Home on the property w/2 Car Garage
- (2) State of the Art Greenhouses
- (1) Shop
- Lot Size: 8.52 AC
- Licenses: Distribution & Cultivation
- State Licensed Recreational & Medicinal
- Local & CDFA Approval
- 2021 Gross Sales $450,000
- $2500.00 utilities per month (Electrical power is on Agriculture rate (A2) which decreases the power bill by 75%!)
- 4 Employees
- Brand & Book of Business included in the sale
Cultivation
- Tier 2 Mixed Light Specialty Cottage Cultivation License
- (2) State of the Art Greenhouses
- (1) Shop
- 120 Lights
- Produces fresh AAA flowers on a monthly basis
Licenses:
- Specialty cottage Mixed-light tier 1 and 2 – up to 2,500 square feet of canopy. Mixed-light licenses have two tiers based on the amount of artificial light used: Tier 2 – 6 to 25 watts per square foot of artificial light.
- Distribution-Distributor licensees are responsible for transporting cannabis goods, arranging for testing of cannabis goods, and conducting quality assurance review of cannabis goods to ensure they comply with all the packaging and labeling requirements. Distributor transport licenses allow for the transport of cannabis goods between licensed cultivators, manufacturers, and distributors.
Asking Price: $600,000.00 (40% Down Gets You In The Door!)
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
Yesenia Jimenez, DRE LIC CA# 02073168
If you have any questions Call Yesenia at (858) 633-3013
Or Email : asm@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
Business Details
- Price: $600,000
- Business Type: Cultivation, Distribution, Real Estate Property
- Business Status: For Sale
- Location: California
- Down Payment Required: $240,000.00
