Cannabis Delivery, Manufacturing Type N & Distribution Business For Sale (Sonoma County, CA)

CannaMLS ID: 10339
Save Listing

Price: $699,000


Listing Details


Listing Category
Manufacturing
Distribution
Home Delivery

License Status
Municipal / local license granted
State / annual license granted

Medical
YES


Price: $699,000

Listing Status: For Sale

This is a great opportunity for someone that is looking to expand their Delivery, Manufacturing and Distribution business in Sonoma County (Population 485k)! The business is on pace to do $2M in Gross Revenues for 2023. With these licenses you could Deliver, Infuse, Package, and Distribute Cannabis Products. The 3,000 SqFt facility includes 3 separate rooms, along with a 300-400 SqFt satellite office. The Delivery business is currently operational and has been operating since 2018. The Manufacturing Type N & Distribution business is not operational and the new owner would need to finish the buildout. Type N businesses have recently had a spike in demand due to the new market of consumers that infusion of products has been able to open. This facility could function as a main large scale Delivery, Manufacturing and Distribution center for the new operator in the heart of the Sonoma County Cannabis Market.

California announced the “Provisional Deadline” (MJBizDaily Article), or temporary license, program would go into effect on June 30, 2022 with the first deadline being March, 31st, 2022. This means that in order to operate legally you must go through the arduous and lengthy time consuming process of obtaining a full “Annual” license or the only other option would be to acquire an already existing licensed business. The owners have already secured an Annual License through the Department of Cannabis Control, representing a greater value! 

Details:

Space: 3,000 SqFt

3 Separate Rooms

300-400 SqFt Satellite Office 

Rent: $7k/ Month

Lease: 5YR W/ Right to Renew (Just renewed 1 year ago)

2021 YTD Gross: $2M

2022 YTD Gross: $2M

2023 YTD Gross: On Pace to do $2M

Wholesale Inventory: $100k

$2500 local permit

Vehicles Included: 5

Delivery est since 2018

Building is zoned for Delivery, Manufacturing Type N and Distribution

Manu & Distro Not Operational (New owner would need to finish buildout)

Annual License in Hand

Passed recent DCC inspection with no NTC’s 

0 Local Cannabis Tax 

Includes book of business

 

Licenses:

Non-Storefront Retail: Off-Premises Sales, Direct-To-Consumer

Manufacturing Type N (Infusion of products): Make cannabis products through infusion, Package and label cannabis. Infusion mixes cannabis extract or plant material with other ingredients to make a cannabis product.

Distribution: Distributor licensees are responsible for transporting cannabis goods, arranging for testing of cannabis goods, and conducting quality assurance review of cannabis goods to ensure they comply with all the packaging and labeling requirements. Distributor transport licenses allow for the transport of cannabis goods between licensed cultivators, manufacturers, and distributors.

 

Asking Price: $699,000.00 (Seller Open to Offers)

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

Elliot Cardenas, DRE LIC CA #02138336

If you have any questions Call Elliot (619) 770-2699

Email: elliot@glbgroupinc.com

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


Listing Details

Listing Status
For Sale

Location
California 94975

Date Listed For Sale:
9/8/2023

Date Last Updated:
10/26/2023

Property Details

Built out / Turnkey
YES

Pricing Details

Listing Price
$699,000

Advertising


 

 

 

Hit the "Contact Listing" button on the top right of the page to send a message to the seller.

(CannaMLS.com does not make seller contact information public to prevent SPAM and abuse.)

 

To report a problem with this listing contact: admin@cannaMLS.com

 

FOLLOW CANNAMLS ON SOCIAL MEDIA FOR EXCLUSIVES, NEWS, NEW LISTINGS, UPDATES AND MORE!


 

*CannaMLS is an independent listing service and does not offer legal, tax or regulatory advice. CannaMLS is not a real estate brokerage and is not advertising any properties for sale in any market. All listings that advertise real estate are posted by third parties who are responsible for compliance with all real estate regulations. CannaMLS does not guarantee the authenticity or value of any listings, assets, buyers, sellers and/or brokers on the company’s website. By listing or interacting on CannaMLS.com you agree to indemnify and hold harmless CMLS Technologies LLC, and its owners, employees, agents, and affiliated companies from any civil or legal claims that may arise as a result of you transacting with users or assets on the site.