MASSIVE UPSIDE POTENTIAL- Three Licenses, turn key, competitive lease, owner financing available

CannaMLS ID: 6840
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Price: $1,400,000


Listing Details


Listing Category
Cultivation
Manufacturing
Distribution

License Status
State / annual license granted

Medical
YES

Adult Use
YES

Price: $1,400,000

Listing Status: For Sale

Massive upside potential with three licenses.

Cultivation good through February 2023

Type 7 manufacturing and Type 11 distribution good through May 2023

You can do it all.  Grow premium indoor for flower sales.  Use the Type 7 equipment to create your own extract products.  Use the distribution van to sell directly to dispensaries.

In business since 2018.  Must sell.  Out loss is your gain.  This deal is a steal.

·      Compliant industrial space with competitive lease – the building owners are on board and can negotiate a competitive lease.

Or you can buy the whole building from the building owners.

·      Branded Flower and Extract that has sold in dispensaries from Humboldt to San Diego 

 Get into the California Cannabis market without all the hassle, delay, and headache.  You have the opportunity to buy a fully licensed, vertically integrated company that is in revenue with sales throughout California. 

The best part is you can get up to speed fast.  

The facility has just under 5000 sq ft of flowering canopy in 5 separate flowering rooms, each with 30 lights and a dedicated 10 ton HVAC unit.

The award-winning type 7 manufacturing lab is equipped with an Extractiontek Mini-Mep with CRC column, Huber Chiller, Master vapor pump.  Equipment is certified by PSI and is enclosed in C1D1 fume hood.  Lab meets all state and local requirements has been in operation since May 2020.

The current rent is $1.96 sq ft.  10 years remaining on the lease.  But the terms are negotiable. 

The owners have bootstrapped the company from a concept and an empty building to a company selling branded flower and extract to dispensaries from Humboldt to San Diego.

Owners will entertain all offers.

If you want to save on rent, the building owners would entertain a separate offer for the property.  The property includes two separate buildings totaling over 17K sq. ft.  The second 8000 sq ft building is currently leased to another cannabis tenant.  Any offer on the building would be contingent on the sale of the company.

Call Adam 510-213-9777 or email cabral@kimbahome.com


Listing Details

Listing Status
For Sale

Location
Richmond, California 94801

Date Listed For Sale:
6/3/2022

Date Last Updated:
9/1/2022

Generating Revenue:
YES

Operational:
YES

Property Details

Buiding Size (sq ft)
9200 sq ft

Built out / Turnkey
YES

Equipment Included
YES

Pricing Details

Listing Price
$1,400,000

Seller Financing Available?
YES

Lease Terms:

Massive upside potential with three licenses.

Cultivation good through February 2023

Type 7 manufacturing and Type 11 distribution good through May 2023

You can do it all.  Grow premium indoor for flower sales.  Use the Type 7 equipment to create your own extract products.  Use the distribution van to sell directly to dispensaries.

In business since 2018.  Must sell.  Out loss is your gain.  This deal is a steal.

·      Compliant industrial space with competitive lease – the building owners are on board and can negotiate a competitive lease.

Or you can buy the whole building from the building owners.

·      Branded Flower and Extract that has sold in dispensaries from Humboldt to San Diego 

 Get into the California Cannabis market without all the hassle, delay, and headache.  You have the opportunity to buy a fully licensed, vertically integrated company that is in revenue with sales throughout California. 

The best part is you can get up to speed fast.  

The facility has just under 5000 sq ft of flowering canopy in 5 separate flowering rooms, each with 30 lights and a dedicated 10 ton HVAC unit.

The award-winning type 7 manufacturing lab is equipped with an Extractiontek Mini-Mep with CRC column, Huber Chiller, Master vapor pump.  Equipment is certified by PSI and is enclosed in C1D1 fume hood.  Lab meets all state and local requirements has been in operation since May 2020.

The current rent is $1.96 sq ft.  10 years remaining on the lease.  But the terms are negotiable. 

The owners have bootstrapped the company from a concept and an empty building to a company selling branded flower and extract to dispensaries from Humboldt to San Diego.

Owners will entertain all offers.

If you want to save on rent, the building owners would entertain a separate offer for the property.  The property includes two separate buildings totaling over 17K sq. ft.  The second 8000 sq ft building is currently leased to another cannabis tenant.  Any offer on the building would be contingent on the sale of the company.

Call Adam 510-213-9777 or email cabral@kimbahome.com


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