100 Flower Lights Cannabis Cultivation Business For Sale #1989

Asking Price: $2,000,000

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100 Flower Lights Cannabis Cultivation Business For Sale #1989


Asking Price: $2,000,000

Asset Sale Description
100 Flower Lights Cannabis Cultivation Business For Sale #1989
100 Flower Lights Cannabis Cultivation Business For Sale Includes Real Estate (Long Beach, California) #1989

100 Flower Light Cannabis Cultivation Business For Sale, that includes the Real Estate opportunity in Long Beach, California. Currently the business is not operational, the owner are underway with the buildout and licensing process. The building is also zoned for manufacturing, and distribution, if the new owner wishes to apply for those licenses post transaction. Ownership has invested approximately $3 million into the project, including property acquisition and buildout, and is now seeking to exit. A new owner can step in and acquire the current standing of the business, taking over a near complete operation with substantial capital already deployed.

The 6,189 SqFt facility is being built out to support cannabis cultivation, featuring three designated flower rooms, approximately 100+ lights installed, and infrastructure designed for further expansion post-COO. Ownership is still actively working toward securing the Certificate of Occupancy (COO).

The site includes approximately 800 amps of power and has been configured for efficient operations, significantly reducing both development timelines and upfront costs. This presents a strong opportunity for an operator looking to enter or expand within the Long Beach cannabis market without starting from scratch.

Long Beach Cannabis Tax Rates: Cultivation Tax: Reduced to $13.09 per square foot (down from $13.70–$14.96) & Manufacturer/Distributor/Lab Tax: 1% of gross receipts.



Details:

Space: 6,189 SqFt
Rent: $9,000/Month (Year 1), Then Increase to $11,500/Month
Lease: TBD
Power: 800 Amps
Flower Lights: 100 (Could Add More)
Flower Rooms: 3
Business Status: Non Operational
Building Zoned for Manufacturing & Distribution
Capital Invested: $3,000,000
Licenses:

Cultivation License- 5k SqFt Canopy


Asking Price: $2,000,000.00 (Includes Real Estate)

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.
Listing Info
ID
2485731
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Business Listed by: Eric Espinoza GLB GROUP Inc.

Listing ID: 2485731 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.