Indoor Cannabis Cultivation

Oakland, CA (Alameda County)

Seller Financing Available
One Grow Room
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Asking Price: $13,000,000

Cash Flow: N/A

Gross Revenue: $10,000,000

EBITDA: N/A

FF&E: $500,000

Inventory: N/A

Established: 2018

Indoor Cannabis Cultivation

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Business Description

This is an opportunity to acquire a wholesale supplier of premium indoor flower, the building and real estate, located in Oakland. The seasoned management team desires to stay and rapidly scale cultivation with the acquiring company.

The Company developed and operates a 21,726 square foot state of the art indoor cultivation facility holding both state medical and recreational small indoor cultivation licenses. The Company cultivates some of the most sought-after cannabis strains on the California market today. The founder of the Company, believes that quality at scale will determine the winners of the competitive premium indoor flower market in California. The Company is proof that they can develop and operate a sustainability profitable indoor cultivation facility.

The Company is looking for an acquirer for the business and the property. The real estate must be a cash deal to satisfy lenders and investors. The operating business owners and manager want to continue building and scaling with the buyer and become a minority partner with the acquirer in NewCo.

Detailed Information

Inventory:
Included in asking price
Employees:
44
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
21,726 square feet. True Canopy is 9200 sf of flower separated in three rooms, 10 rows per room Vegetation Room (Nursery/ Mothering) = 1760 sf, Trim room = 480 sf, Drying room = 660 sf Facility Core Assets Commercial Grade Lights - $130,000 Carol Controls HVAC - $475,000 Tables/Benches - $285,000 Misc. Equipment - $95,000
Financing:
Real Estate is Cash, the business is Seller Financing
Support & Training:
All the employees, owners, and manager are available longterm.
Reason for Selling:
To expand
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(from currently available funds)
 
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Kris Karlson

Business Listed By:
Kris Karlson

KO Acquisitions

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