Cannabis Manufacturing & Distribution (Palm Springs, CA) #1466

Palm Springs, CA
listing image
Asking Price:$220,000
Rent:$3,500
BUSINESS DESCRIPTION

Great opportunity for someone that is looking to acquire a Fully Turnkey Cannabis Manufacturing & Distribution business in Palm Springs, CA. The business is operational at a minimal level, with the Manufacturing focus being edibles. Palm Springs Distribution tax is 0%! The owner has put in $300k in equipment and Tenant Improvements to get the space up to code. Fully equipped kitchen with 2 commercial ovens, the new owner could start producing tomorrow. Type N businesses have recently had a spike in demand due to the new market of consumers that infusion of products has been able to open. This facility could function as a main Edible production and Distribution center for the new operator in the heart of the Riverside County market! Currently, the owner has Annual State Licenses in hand, representing a greater value!

Details:
Space: 1,100 Sq Ft (Distribution 100 SqFt)
Rent: $3,500
Lease: Month to Month (LL Open to Long Term Lease)
Assigned Parking Spaces: 4
Building & Equipment Value: $300K
Annual State Licenses in Hand!

Assets Included in Sale:

(6) Baking storage racks
(6) Camera security system with motion sensors and 8 TB hard drives
(2) Security TV monitors
Security gate (Front Entrance)
(1) File cabinet
(1) Desk
(2) Rolling sheet pan racks
(2) 4ft metal tables1 8ft metal table
(2) Microwaves
(2) Small metal tables
(1) 8ft hood
(1) 10ft 3 bay sink
(2) Industrial ovens
(1) industrial freezer
(1) Industrial refrigerator
(1) Small Box Freezer
Hand Wash Sink
Mop Sink

Licenses:

Manufacturing Type 6: For manufacturing sites that produce cannabis products using nonvolatile solvents or mechanical methods (ex: CO2, ethanol, water, or food-grade dry ice, cooking oils or butter). Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, Drinks (all manufactured cannabis products).
Distribution: Distributor licensees are responsible for transporting cannabis goods, arranging for testing of cannabis goods, and conducting quality assurance review of cannabis goods to ensure they comply with all the packaging and labeling requirements. Distributor transport licenses allow for the transport of cannabis goods between licensed cultivators, manufacturers, and distributors.

Asking Price: $220k (Seller Open to Offers)


DETAILED INFORMATION
Location
Palm Springs, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,100
Facilities
(6) Baking storage racks (6) Camera security system with motion sensors and 8 TB hard drives (2) Security TV monitors Security gate (Front Entrance) (1) File cabinet (1) Desk (2) Rolling sheet pan racks (2) 4ft metal tables1 8ft metal table (2) Microwaves (2) Small metal tables (1) 8ft hood (1) 10ft 3 bay sink (2) Industrial ovens (1) industrial freezer (1) Industrial refrigerator (1) Small Box Freezer Hand Wash Sink Mop Sink
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Eric
Espinoza
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Eric Espinoza