Operational Cannabis Manufacturing Type 7 Business For Sale (Santa Cruz, California) #1061

  • $849,000
Pending Med New Popular Rec Turn Key
Operational Cannabis Manufacturing Type 7 Business For Sale (Santa Cruz, California) #1061
  • $849,000

Business Description

Very unique opportunity to acquire a fully turnkey operational cannabis Manufacturing Type 7 business in the very strategic market, Santa Cruz. The current business is on a 5,438+ square foot lot. This space has a tremendous potential for expansion. The local jurisdiction has signed off on 3 C1D1 pods in the space. A total of 6 Closed Loops could be set up here. This is a great opportunity for someone to take advantage of a Manufacturing Type 7 licenses that are scarce and high in demand. There is no bad debt, back taxes, payables, lawsuits, or irate investors in this property. Everything is free and clear with only one Sole investor. These Volatile extraction licenses are difficult to obtain due to so many cities restricting its use. Volatile extraction is the most efficient and speedy way of extracting cannabis. The extraction market is in its infancy with huge upside to gain market share.

California recently announced the “Provisional”, or temporary license, program will sunset June 30, 2022 which means that in order to operate legally you must go through the arduous and time consuming process of getting a full “Annual” license or acquire an already existing state provisional license.

Details: 

  • Space: 5,438 SqFt
  • Rent: $9,500/Month (Including NNN & Utilities) 
  • Lease: 5YR w/ (3) 5YR Options 
  • Parking: 11 Spaces 
  • Employees: 2 
  • 16 Camera Security System w/ DVR & TV Monitor
  • (1) 320 SqFt Shipping container used for storage.
  • All Lab Equipment in Building 
  • 1 Closed Loop System with heaters, chillers, and pumps.
  • 13 Vacuum Ovens, Various Freezers Racks Etc. 
  • Part of Cannabis Campus 

Licenses: 

  • Manufacturing Type 7: Volatile Solvent Extraction i.e. LHE/BHO; and everything allowed w/ Type 6, Type N, and Type P Manufacturing Licenses. With a Type 7 you can register your location for shared-use.

 

Asking Price: $849,000.00 (Seller Open to Offers w/ $297k Down)

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

Email: tom@glbgroupinc.com

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

Business Details

  • Price: $849,000
  • Business Type: Manufacturing Type 7 Volatile, Seller Financing Available
  • Business Status: Pending
  • Location: California
  • Down Payment Required: $297,000.00
  • Capital Invested: $1,300,000.00
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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Tom Milks, Agent
  • Tom Milks, Agent