CLEARLAKE, California
| Asking Price |
$1,000,000 |
Year Established |
2019 |
|
| Annual Revenue |
$0 |
Reason for Selling |
Unable to manage as absentee owner |
|
| Annual P/L |
$0 |
Attention |
Ron Smith |
|
| Annual Cash Flow |
$0 |
Listing Number |
1012416 |
|
| # of Employees |
|
Business Category |
Manufacturing: Agricultural Manufacturing |
|
Business Overview:
A turnkey licensed commercial cannabis cultivator farm located in Lower Lake, CA. The Registered owner of the business focuses on wholesale cannabis production.
The business has an Adult-Use and Medicinal Small Mixed-Light Tier 1 license. Under this license, operator can legally grow up to 10.0k sq-ft of canopy.
This license was created on Oct 13,2020 and is renewable annually. The value in this business is the land value, infrastructure, and licensing.
Seller is retiring out if state and cannot operate business as an absentee owner.
Property Features and Assets:
<p>This is a seller-owned location of 21 acres, available for $700,000 and included in the listing price. Seller is not currently active. The asking price is for 21 Acres (Appox) of Land and License to operate Cannabis Farm. County of Lake use permit, cannabis cultivation license/adult use and medicinal are required.<br></p>
Market Competition and Expansion:
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity