Turn Key Cannabis Cultivation License Opportunity w/ Real Estate For Sale (Monterey County)

Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$0
Ownership Percentage:

Property Details

Property Attached:
Yes
Property Is Movable:
No
Property Is Included:
No
Has Buy-in Option:
No
Is Built Out:
No
Has Room For Expansion:
No
Operations Are Needed:
No

Green Life Business Group, Inc

This is a secure cultivation operation that has a substantial production capacity and still has room to expand. This cultivation is located in Monterey County in the City of Salinas and has a canopy size of 140,000 sqft (3 Acres). The grow supports its operation with large-scale cannabis production, high quality flower, that can serve both recreational and medical customers. 

The Real Estate is valued at $7.7mil and there has been $7mil allocated to the build out of the grow. 

Current Operation: This business is Currently Producing 800 – 1000 lbs per month, utilizing 140,000 sqft to cultivate. 

Projections: The grow also has the ability to increase an additional 40,000 sqft, making it a total 180,000 sqft (4 Acres) of Canopy space ! With all 180,000 sq ft of Canopy space utilized, the grow estimates a monthly production capability of 1500 lbs per Month, 18,000 lbs per Year, at a wholesale price of $1,000 per lb – $18,000,000 M per Year. 

Recap – 

$7.7M (Appraised Value of the Real Estate) 

$6.5M (Into the Build Out) 

$5.7M Asking for the Business 

$19.9M – Total Price 

Full Absentee Operation 

 

Asking Price: $19.9mil (Open to Seller Carry with a Minimum of 75% Down!)

Green Life Business Group, Inc DRE CA LIC# 02061374

Drew Mathews, DRE CA LIC# 02091143

If you have any questions call 619-795-4340

www.greenlifebusiness.com/businesses-for-sale/

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

 

Price: $19,900,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type: Cultivation

Location: Salinas , California 93901

Recreational: Yes
Medicinal: Yes

Listing Type

  • Grower/cultivator/producer
  • Real Estate