LA County Type 6 manufacturing + Type 11 Distribution and Indoor Cultivation licenses

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Pricing Details

Full Buy Out Price:
$1,200,000
Buy In Price:
$200,000
Ownership Percentage:
0 %

Property Details

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

Type 6 manufacturing (includes ethanol) and type 11 distribution licenses available 

Plus indoor cultivation license  (<10k sq ft license)

Manufacturing and distro = 7,200 sq ft warehouse; plans prepped to add a second floor totaling 14,400 sq ft if desired 

Cultivation-licensed building is on the same property, it’s a 10,900 sq ft warehouse which could be converted into more distribution if you don’t want to grow.

Buildings have 2,000 amp 3-phase power  

 

Lease at $1.50/sq ft - cheapest cannabis rent in LA!

10-year lease with a friendly landlord 

 

Asking price for licenses is $1.2M 

Only $200k down!

$500k when city gives approval to operate in December 

$500k when license transfer from state is complete (about 12 months from signing) 

Current owner will stay involved until transfer is complete 

 

Why LA? Over 1/3 of CA cannabis retailers are in Los Angeles - plenty of places to sell your product and low cost for distribution! Plus, the tax rates are the best - pay only 2% excise tax when you sell to LA shops!

 

Need a fast mover to take advantage of this unique opportunity:

Basic buildout must be complete and inspected by DCR by December 31 2019

Does NOT require building and safety permits or inspections so basic buildout requirements are easy to meet. 

LA requires the floor plan to match the application plans as well as having a working camera and controlled access systems in place.

Price: $1,200,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type:

Location: California 00000

Recreational: Yes
Medicinal: No

Listing Type

  • Grower/cultivator/producer
  • Manufacturer/processor/extraction
  • Distribution