Turn-Key Los Angeles County Adult-Use Manufacturing & Distribution Business For Sale

CannaMLS ID: 5302
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Price: $2,800,000


Listing Details


Listing Category
Manufacturing
Distribution

License Status
Municipal / local license granted
State / annual license granted


Price: $2,800,000

Listing Status: For Sale

This is an extremely rare opportunity for someone who is looking to establish a scalable presence in the Cannabis Mecca of the world, Los Angeles County. Seller has a huge 35k SqFt facility with adult-use cannabis Manufacturing & Distribution licenses in hand, and a pending license application for Non-Storefront Retail. The facility features a turn-key industrial kitchen with
millions of dollars in pristine tenant improvements and equipment.

Details:

Space: 35k SqFt+

Rent: $1.69/SqFt

Sublease with three (3) Five-Year options to extend

Tenant Improvements and Equipment Included

Three suites included:
Suite A is currently designated manufacturing/kitchen (5,356 sf)
Suite B is slated for non-storefront retail/delivery (25,240 sf)
Suite C is currently designated distribution/wholesale (1,907 sf)

Buildout (TIs):

The total spent on the buildout was approximately $2.3M, which includes some $200k for hoods and coolers installed by the contractor. Seller has applied for a third license, for Non-Storefront Retail. The application is pending. Seller also has a Development Agreement in place, which permits Manufacturing, Distribution, and Non-Storefront Retail.

Partial List of Equipment (Full List Available Upon Request):

Security Cameras

IT Servers

Microwave ovens

Immersion benders

Coffee Grinders

Melting tanks

Proofer cabinet

3-compartment sink

Gas convection oven

Dish washer

Reach-in freezer

Reach-in refrigerator

Wall cabinet

Food processor

Candy Depositing Scale

Candy Individual Scale

2-door freezer

Chocolate Tempering Machines

K Melters

Candy KettlesSpeed Racks and Trays

Numerous other items (sifters, pans, bowls, pitchers, etc.)

 

Licenses: 

Manufacturing Type 6 (Non-Volatile): Licensees can conduct infusions and can package and label their own products. Non-Volatile: Extraction using a mechanical method or non-volatile solvents such as CO2, ethanol, water, or food-grade dry ice, cooking oils, or butter

Distribution- Distribution of cannabis and cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where product is stored for the purposes of distribution.

Non-Storefront Retail (Both Uses): Deliver cannabis goods to the end-consumers doorstep.

 

Asking Price: $2.8M

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Yesenia Jimenez, DRE LIC CA# 02073168

If you have any questions Call Yesenia at (858) 633-3013 or Eric at (858) 245-6324

Or Email : asm@glbgroupinc.com OR eespinoza@glbgroupinc.com


Listing Details

Listing Status
For Sale

Location
Los Angeles, California 90001

Date Listed For Sale:
6/25/2021

Date Last Updated:
6/25/2021

Property Details

Pricing Details

Listing Price
$2,800,000

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