REDUCED!!! MOTIVATED SELLER: TYPE 6, TYPE 11 and DELIVERY LICENSE

CannaMLS ID: 3651
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Pricing Details

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

Property Details

Property Is Leased:
Yes
License Is Movable:
No
Real Estate Is Included:
No
Has Buy-in Option:
No
Facility Is Built Out:
Yes
Has Room For Expansion:
No
Operations Are Needed:
No

This Oakland, California based “Social Equity” Distribution and Type-6 Manufacturing company is currently offering this business opportunity-inclusive of 2 licenses for sale along with a Non-Store Front Delivery license currently in progress.

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.

Benefits:

• Type-6 Manufacturing License

Distribution License

Non-Store Front Delivery

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

Central air

Central heat

Questions? TEXT, CALL EMAIL OR TELEPHONE

Price: $500,000

Listing Status: For Sale

Details

Date Listed For Sale: 4/14/2020
License Type: TYPE 6/Type 11 and Type 9

Location: Oakland, California 94606

Recreational: Yes
Medicinal: Yes

Listing Type

  • Manufacturing
  • Distribution
  • Home Delivery





Terms And Options

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