Long Beach Cannabis Manufacturing Type 7 & Distro Business 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 Additional Power Source: 100 amp 1 phase Roll-Up Door Ceiling Height: 9.5 ft-12 ft Plenty of Street Parking Asking Price: $699,000.00 (Seller Financing Available) GLB: #506 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 Alejandro Ochoa, DRE CA LIC# 01120049 If you have any questions Call Alejandro at (619) 972-5952 Or Email : tom@glbgroupinc.com Location: Long Beach, California Facilities: Cannabis License on Property. License: Retail Storefront- Facility where medical cannabis, medical cannabis products, or devices for the use of medical cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.