Rare opportunity to acquire a Pre-ICO Retail Storefront, Delivery, Distribution & Manufacturing License in the heart of the San Fernando Valley, with the option to purchase the local cultivation license for full vertical integration. This shop is strategically situated in a corner lot in between two major cross streets that bring a lot of exposure to the location. The building was redeveloped to maximize the 2,300 sq ft of building space and is secured with security fencing. There is plenty of parking on site and in the surrounding areas. The business will be ready for operation around December after the final round of inspections. The license is free and clear of liabilities and lawsuits and is a pre-revenue opportunity that is free of tax exposure. Another bonus is that there is a billboard on the property that the new shop owner would be able to utilize for marketing!
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.
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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: $3,250,000.00
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. 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 : email@example.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.