Annual Licensed Indoor Cultivation Licenses For Sale (Oakland, California) #1282

  • $149,000
For Sale Med New Popular Rec
Annual Licensed Indoor Cultivation Licenses For Sale (Oakland, California) #1282
  • $149,000

Business Description

Great opportunity to acquire licenses for Indoor Cultivation  in one of California’s most strategic markets in the Bay Area, Oakland, CA. The business is not operational allowing a new owner to operate under a clean canvas model with no current tax exposure. They could build out the facility to their needs and likeness. The licenses sit on a 25,000 SqFt . facility that is also zoned for Delivery adding a greater value. The new owner could lease anywhere from 10k SqFt-25k SqFt, the rent will be $2/SqFt.

The demand for these types of licenses in the city of Oakland have spiked due to the location’s affordability as well as the ability to service nearby large markets. Larger operators are also looking to target acquisitions at license value as well as a “clean canvas” due to the fact that businesses that are generating revenue require a longer Due Diligence period in order to track previous sales, debts and owed taxes. This is a great opportunity for someone looking to expand their footprint in the Oakland 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:

  • Lot: 1 Acre
  • Space Available: 10k-25k SqFt 
  • Rent: $2.00 SqFt
  • Lease Terms: New Owner Will Get New Lease 
  • Power: 400 AMPs 3 Phase

License: 

  • Annual Adult Use Small Indoor Cultivation: Small indoor – 5,001 to 10,000 square feet of canopy


Asking Price: $149,000.00 (Seller Open to Offers w/ $60k 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

Eric Espinoza, DRE LIC CA# 02077927

Carla Estrada, DRE LIC CA# 02220955

If you have any questions Call Eric at (858) 245-6324 or Carla at (619) 952-2929

Or Email: broker@glbgroupinc.com or pm@glbgroupinc.com 

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

Business Details

  • Price: $149,000
  • Business Type: Cultivation, Distribution, Seller Financing Available
  • Business Status: For Sale
  • Location: California
  • Down Payment Required: $60,000.00
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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Carla Estrada, Agent
  • Carla Estrada, Agent