State Licensed Pre-ICO Cannabis Retail Storefront, Delivery & Distribution Licenses For Sale (Van Nuys, California) #781

  • $3,250,000

Business Description

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.

Details: 

  • Licenses: Pre-ICO Retail Storefront, Delivery, Distribution & Manufacturing (Local & State)
  • Option to purchase Local Cultivation license
  • Space: 2,300 SqFt
  • Lease: 3 Years left on the Lease (5 Year option)
  • Rent: $9,000.00/mo.
  • Billboard on site available to rent for marketing

Licensing:

  • Retail Storefront: Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.
  • Retailer Non-Storefront License: Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.
  • Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all other cannabis businesses; Manufacturers, Cultivators, Nurseries, Retailers, & Distributors.
  • Manufacturing Type 6: Setup currently manufacturing Live Rosin,  Vape Pens, Pre-rolled joints, Packaging flower. Option to make: Edibles, Tinctures, Drinks (all manufactured cannabis products).
  • Cultivation: 22,000 SqFt Canopy Size.

 

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: $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 : asm@glbgroupinc.com

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

Business Details

  • Price: $3,250,000
  • Business Type: Dispensary Retail w/ Delivery, Distribution, Retail
  • Business Status: For Sale
  • Location: California
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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Yesenia Jimenez, ASM
  • Yesenia Jimenez, ASM