Amazing opportunity for a prime Southeast Los Angeles facility with licenses attached for Non-Storefront Retail Delivery, Type 7 Volatile Manufacturing & Distribution. This will allow the new operator to prepare for extraction production, retail and distribution expansion to meet increasing demand from the consumer and statewide retailer channels. This facility has an easy access of 2 Minutes from the 710 Freeway, 2 Miles from the 5 Freeway and 4 Miles from Downtown Los Angeles. Security goes by the building and operates 24/7.
There are at least 300 Retail stores opening in Los Angeles County over the next few years creating a need for for White Labeling and Distribution opportunities.
By simply implementing the Delivery service and not factoring the other licenses, the Delivery can bring in an additional $8MM alone. An average delivery service does between 150 and 200 deliveries a day, a really good one will do between 250 and 400 a day. Average ticket on deliveries are higher than storefronts, industry average is 110 per order. At 200 deliveries a day at the $110 average order, the Delivery can provide an additional $8MM in revenue per year
Type 7 Volatile Manufacturing–can use both nonvolatile and volatile solvents in its extractions and infusions.
Type 9 Non-storefront Retail Delivery–Sells cannabis goods to customers exclusively through delivery. A retailer non-storefront must have a licensed premises to store the cannabis goods for delivery. The premises of a non-storefront retailer shall not be open to the public.
Type 11 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
Space: 4,500 sqft
Current Plans :1800 Sq Ft allocated for Manufacturing, 1600 Sq Ft allocated for Delivery Retail, 1100 Sq Ft allocated for Distribution
Power: 1200 Amps 3 Phase
Ceiling Height: 16’
Owner Values the Real Estate at $2M
Buyer is open to a Business License only purchase with No real Estate and a Long term lease but not preferred.
Asking Price: $3.45mil (Includes all 3 licenses and the Real Estate)
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.
Green Life Business Group, Inc DRE CA LIC# 02061374
Drew Mathews, DRE CA LIC# 02091143