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Cannabis Distribution Manufacturing Property
Location: United States -> California -> Southern California - Los Angeles Area -> Long Beach
Industry: Wholesale and Distribution > Wholesale and Distribution

Business Summary

We have an amazing opportunity for a property that is zoned for Distribution & Manufacturing in Long Beach, CA that does not require a C.U.P. ! The new operator would have to apply for licensing and develop existing structure or tear down and develop purpose-built facility on 10,000sqft Lot.
How does this property differ from the rest? The difference is that this property has already submitted the Distribution application , so the property is grandfathered in! The property has been pre approved for distribution, which takes 30 days and this building also qualifies for Manufacturing (Type 7) with NO C.U.P required as it has been grandfathered in due to the Distribution application.

Long Beach currently allows non-volatile, mechanical, and volatile extraction. Cannabis manufacturers produce, infuse, and extract cannabis and cannabis products. Manufacturers can produce edibles, topicals, oils, and other cannabis products. A cannabis distributor may transport, store, package, and label cannabis goods.

The new operator would have to apply for the state-temp license. In order to apply for a State cannabis business license, applicants must provide evidence of a valid license, permit or other local authorization from a local jurisdiction and evidence of compliance with, or exemption from, the California Environmental Quality Act (CEQA).

Building Size- 2,000 sqft
Lot Size- ±10,000 sqft
Power- 400 amps, 3 Phase
Ceiling Height- 10′ ft
Presently approved for Distribution but can also apply for Volatile Extraction (Type 7)
No C.U.P. Required !
Asking Price: $1,475,000.00 (Includes Finders Fee)
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.
Kay Akel, BRE CA# 02061374
If you have any questions call Kay's assit. (858) 245-6324


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $500,000
Cash Flow:   $350,000
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2018
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Reason For Selling:  Looking to get in another aspect of the industry.

Print Listing Id: 700326006
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