Potential opportunity to enter the cannabis market in Santa Ana! There are 3.2 million residents in the OC, and the 33 other Orange County cities are not allowing retail cannabis dispensaries.
The seller has put in the time and effort to obtain MicroBusiness licenses in Santa Ana and is now looking to sell. The Seller has an approved application pending buildout and inspection of Certificate of Occupancy for the Retail. They have provided in the plans submitted to the city, 7000 for cultivation as well as a distribution license.
The real estate can be purchased for an additional $3.4mil. The property has a cannabis zoned, freeway-adjacent, building which the licenses are tied to. The building has visibility to the freeway allowing signage opportunities. Currently the building is empty with plans being submitted to the city planning department for a build out.
- Manufacturing Type 6
- Building: + 10,000 sqft
- Ceiling Height: 14-16 ft
- 400 amp service
- Parking: 12 parking spots
- Rent: $2.25 per sqft (If purchasing only licenses)
- Real Estate can be purchased for an additional $3.4mil
This is a licenses and real estate play. There is no business in operation, the new operator will have to continue the build out and licensing process. There are two ways to move forward, 1) Purchase the licenses only for $3.6mil and create a lease or 2) Purchase both licenses and real estate for $7mil.
Asking Price: $3,600,000.00
$7,000,000.00 (Licenses & Real Estate)
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.
Andrew K. Mathews, DRE CA LIC# 02091143
If you have any questions call Andrew (619) 653-0483
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.