Unique opportunity to acquire a fully turnkey cannabis delivery business in Ventura County. The business is currently not in operation allowing for a new owner to operate under a blank canvas. Current owner has both local and state approvals along with $250K invested into the build out. The business is up to code with all approvals in hand in which a new operator could be operational within 60 days. The city is currently not issuing any more licenses making this one of two active licenses rare and scarce. The new owner could also apply for a Manufacturing and Distribution license. This is a perfect opportunity for someone who is looking to expand operations and target major markets to establish a larger footprint or someone who is looking to enter the industry.
Cannabis Businesses were labeled as essential businesses back in March of 2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open. 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 license.
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: $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 opportunity.