Long Beach Cannabis Manufacturing Type 7 & Distribution Business For Sale

CannaMLS ID: 5675
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Price: $825,000


Listing Details


Listing Category
Manufacturing
Distribution

License Status
Municipal / local license granted


Price: $825,000

Listing Status: For Sale

This is a great opportunity for someone that is looking for Manufacturing Type 7 & Distribution in Long Beach, CA. Manufacturing Type 7, know as Volatile extraction licenses are difficult to obtain due to so many cities restricting its use, however Volatile extraction is the most efficient and speedy way of extracting cannabis. Medicinal and Adult use applications have been deemed complete by the city, MEP’s approved by building and safety. New owner will have to start the buildout and continue the licensing process in order to be operational. Long Beach is now known for its favorable tax rates and fair cannabis policies. Long Beach’s local tax rates are 1% of Gross Receipts for Manufacturing, Distribution, Testing, $13.20 per Square Foot under Cultivation &  8% of Gross Receipts for Retail.

Details: 

Space: 4,412 SqFt

Rent: $8,775/Month

Lease: Until 2024 w/ an Option for 5 YRs

MEP’s approved already

Power: 200 amp 3 phase

Roll-Up Door

Ceiling Height: 9.5 ft-12 ft

Plenty of Street Parking

 

Asking Price: $825,000.00 (Seller Financing Available)

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

Tom Milks, DRE LIC CA# 02064305

If you have any questions Call Tom at (619) 972-5952

Or Email : tom@glbgroupinc.com


Listing Details

Listing Status
For Sale

Location
Long Beach, California 90712

Date Listed For Sale:
10/13/2021

Date Last Updated:
10/13/2021

Property Details

Pricing Details

Listing Price
$825,000

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