Cannabis Microbusiness for Sale in Cathedral City, CA

Cannabis Microbusiness for Sale in Cathedral City, CA

• Location: Cathedral City, California
• Asking Price: $399,000
• Monthly Rent: TBD

Description:

This fully operational and turnkey cannabis microbusiness for sale in Cathedral City, California operates out of a 4,500-square-foot facility on a 15,000-square-foot lot. The business holds cannabis licenses for cultivation, manufacturing, and distribution. The buyer may also purchase the real estate, which includes recent upgrades such as new sidewalks and parking, with a reported capital investment of over $1M. Manufacturing assets are included.

Seller is open to offers with $199,000 down, and seller financing is available.

Business Features:

• Total space: 4,500 – 4,700 square feet
• Lot size: 15,000 square feet
• Rent: TBD
• Lease: TBD
• Flower lights: 42 operating, with approved plans for 70 additional
• Veg lights: 45-50 (double stack)
• Harvest cycle: every 10 weeks with current lights
• Extraction room: 10-liter CO2 extractor, post-processing equipment included
• Ceiling height: 15 feet
• Power: 600 AMPs, brand new transformers
• New building, new sidewalks, new parking, fully insulated
• Option to purchase real estate: $1.5M

Included Licenses:

• Microbusiness
  • Cultivation
  • Distribution
  • Manufacturing Type 6

How Wicker Law Group Can Assist You: As your trusted legal partner, Wicker Law Group offers comprehensive services, including:

• Drafting and negotiating purchase agreements
• Providing guidance to achieve compliance with California cannabis regulations
• Facilitating entity formation and corporate bylaws or operating agreements
• Navigating cannabis licensing requirements
• Conducting due diligence
• Managing escrow requirements

Please note that listings can be sold or withdrawn at any time. To get more details, a non-disclosure agreement (NDA) and proof of financials are required. Contact Wicker Law Group to explore this cannabis business opportunity and receive expert legal guidance throughout the acquisition process.

Are you looking to invest in the cannabis industry? Wicker Law Group offers expert legal representation for purchasing licensed cannabis businesses in California. Our extensive network and industry knowledge connect buyers with premium cannabis business opportunities. (1771)