Growing SoCal Cannabis Edibles and Pre-Roll Manufacturer & Distro - Price Reduced

CannaMLS ID: 4853
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Price: $1,350,000


Listing Details


Listing Category
Manufacturing
Distribution

License Status
Municipal / local license granted
State / annual license granted
Manufacturing, Distribution

Medical
YES

Adult Use
YES

Price: $1,350,000

Listing Status: For Sale

In operation since January 2020, this Southern California Type 6 Manufacturer and Type 11 Distributor, makes and distributes high-quality Cannabis products including a full line of pre-rolls and edibles. Utilizing state of the art machinery and proven SOPS, the seller’s line of edibles, pre-rolled joints and blunts, benefits from consistently applied manufacturing and baking methods, ingredients and quality control processes.  Superior labeling, packaging and shipping. Seller enjoys a growing reputation for premium products with demand increasing monthly; and is currently in close to 100 retail dispensaries and counting across California.The seller is meticulously organized in all aspects of the business and utilizes the latest technology to keep accurate, up to date metrics, including  production and sales. Based on the first quarter of 2021, gross revenues are expected to exceed $1.5 million for calendar 2021. Top of the line equipment, including but not limited to a walk in oven, industrial refrigerator, several freezers, pre-roll machines and shredders, is included in the purchase.  2160 sq ft facility encompassing three suites with parking for 10+ spots. 240 Amps with three circuit breakers across the three suites. Two years remaining on the lease with ability to negotiate a long term lease with the landlord. $2.99 sq ft NNN, $6479.07 a month, including waste pick up. Seller available to assist in the transition of the business to the buyer. NDA and POF required.


Listing Details

Listing Status
For Sale

Location
Cathedral, California 92234

Date Listed For Sale:
3/4/2021

Date Last Updated:
6/10/2021

Generating Revenue:
YES

Operational:
YES

Property Details

Built out / Turnkey
YES

Equipment Included
YES

Room for Expansion
NO

Green Zone Confirmed
YES

Pricing Details

Listing Price
$1,350,000

Lease Terms:

2160 sq ft facility encompassing three suites with parking for 10+ spots. 240 Amps with three circuit breakers across the three suites. Two years remaining on the lease with ability to negotiate a long term lease with the landlord. $2.99 sq ft NNN, $6479.07 a month, including waste pick up.


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