This Oakland, California based “Social Equity” Distribution and Type-6 Manufacturing company is currently offering this business opportunity-inclusive of 2 licenses for sale.
All three come with Medical and Adult Use Recreational tags.
The facility is turn-key and 100% compliant with the city and county. New epoxy flooring, freshly painted, new lighting, new HVAC, and new filtration system. All mechanical equipment, fixed cages, security systems, locks, and office furniture will stay in the transfer, along with all ancillary business items such as internet, phone lines, domain name rights, security fees, and waste management services. All current inventory will be sold prior to sale. Corporation books with zero balance! The current owners will stay on for any additional time needed to transfer and cultivate current vendor and business relationships for new ownership.
The city of Oakland is widely considered the capital of the Cannabis market within California. This location is centrally located within the city, with 24hr roaming security.
The Social Equity Partner plans on staying on through the sale to continue to give the company the equity status. All equipment in the unit will stay through the sale.
• Type-6 Manufacturing License
Less than 1% tax rate (0.12%) for 1st $1.5 M in sales
Free Licensing within the City of Oakland
Reduced renewal fees (city and state)
Equity Loan Program Eligibility
Equity Grant Program Eligibility
Logistics support network in place for transportation
Incubation Income for overhead guaranteed through November 2021
**Currently the company has 75% of ALL overhead paid for through 3rd party incubation. This coverage transfers to the new owners upon completion of sale. **long-term lease at the current location through 2023 and is renewable. Space Details:
$2.15 per sqft + Fixed CAM + 3% increase per year – NNN (CAM covers water and building electric. PGE does a separate billback for individual unit electricity)
2022 sqft ground level
25,000 cubic ft
Loft with full Kitchen and Bathroom
Security Cages in place
ADA Compliant Facilities
Waste Management Compliant
County Health Compliant
200 Amps 3-phase
210 and 270 Power Ready
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