Fire Sale: $2.5M Cannabis Cult & Dist Now $600K - Business for Sale
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Cannabis Cultivation & Distribution Facility in Adelanto, CA
Adelanto, CA, US
Added 3 years ago
Cannabis Cultivation and Distribution
This listing is for a cannabis cultivation and distribution facility with equipment and infrastructure in place, located in Adelanto, San Bernardino County, California.
Key Information
Asking
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Revenue
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Earnings
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Multiple
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Key Highlights
- Over $2,500,000 spent on facility and equipment
- Facility size: approximately 8,000 sqft
- Currently equipped with 157 lights; plans in progress to expand to 314 LED lights over 2 levels
- Facility includes 3 grow rooms, 1 veg room, 1 mother room, 3 dry rooms, and 1 clone room
- Equipment is 2 years old and fully automated
- Landlord asking $1.85/sqft NNN lease, negotiable
- City tax rate: $1.25/sqft of canopy area (buyer to confirm)
- License expired; buyer must apply for new state and city licenses (city permit: $7,371, estimated 1 month; state license: approximately $22,000, estimated up to 8 months for 5,000 sqft canopy)
- Southern California Edison commitment letter for 1,200 Amps 3-phase 277/480Y power, quoted completion date 2/21/24
Contact Info
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