Cannabis Production Facility for sale in Sun Valley, CA 91352

License for Sale w/ Attractive Lease in Place

Great opportunity to step in to fully built out and licensed distribution and Type 6 Manufacturing facility located in Sun Valley, CA, under Los Angeles/DCR jurisdiction. Seller has been infusing cartridges and distributing successfully from this location. Seller is currently operating on a limited capacity at the property allowing for a smooth and easy transition for the buyer.

The property has undergone $2,000,000 in improvements. The location is ideal for a distribution hub. Located within 20 minutes of the San Fernando Valley, 30 minutes of DTLA, and 1 hour of Long Beach. The business currently leases the property for a low rental rate, and has a good relationship with the landlord. New operator could execute a new lease, or have the existing lease assigned to them.

BUSINESS HIGHLIGHTS

Type 11 Distribution

Type 6 Manufacturing – Non-volatile Extraction

Ideally located to distribute efficiently to all of LA and surrounding markets

Out of sight, secure location

No debt tied to license or entity

Fully compliant with Local and State Regulators

Sales Price for both licenses: $550,000

REAL ESTATE HIGHLIGHTS

400 Amps Three Phase Power

10,000 sq ft space

$0.75/sq ft ($7,550)

5-year lease with 4 years remaining (can negotiate a lease extension)

New Roof

New HVAC System (Multiple Zones)

5 Parking spaces