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Premier Indoor Cultivation Facility in Green Zone UPDATED LISTING

Sacramento, CA (Sacramento County)

Premier Indoor Cultivation Facility in Green Zone UPDATED LISTING
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Asking Price: $2,799,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2 /Month

Established: 2017

Premier Indoor Cultivation Facility in Green Zone UPDATED LISTING

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Business Description

Custom indoor cultivation facility, designed by a highly experienced grower, who produced top-shelf flower for over a decade. 6,170 sq. ft. of canopy to be allocated to 5 hydroponic flower rooms with the latest LED technology and 2 veg rooms. This facility has a completion date of July 31, 2019. Located in a cannabis-exclusive campus, this facility is designed for efficiency, effective environmental control and optimized productivity. Separate air systems will provide maximum protection from cross contamination. Build out plans envision hydroponic cultivation, automatic drip systems, Dri-Fecta HVAC systems, commercial grade dehumidifying systems and ADA compliance. Estimated projected annual gross revenue for the first year is $2.8 million. Buyer can invest an additional $400,000 for double stacked LEDs which would result in projected gross revenue for $5.0 million.

Detailed Information

Location:
Sacramento, CA
Real Estate:
Leased
Building SF:
8,040
Lease Expiration:
2/28/2023
Employees:
NA
Facilities:
8,040 sq. ft. Building, with 6,170 sq. ft. canopy, allocated to 5 hydroponic flower rooms with the newest LED technology. Located in a 76,000 sq. ft. cannabis only campus, with fully fenced power gates and 24/7 surveillance, on site security and guard shack. City Water. Power - 500 Amps at 480 Volts. Parking lot and loading dock. Centrally located with easy access to highways 50, 80, 99, Interstate 5. Other tenants in the campus include cannabis manufacturers, packagers and distributors.
Competition:
Located in District 6 of the city of Sacramento where cultivation licenses have been capped. Owner holds a Conditional Use Permit (CUP), a Business Operating Permit (BOP), a Temp State License and a Waterboard permit.
Growth & Expansion:
Lease has 3 five-year renewals, with increases capped at 3% annually. Estimated projected annual gross revenue for the first year is $5 million.
Support & Training:
Additional owner consultation is negotiable.
Reason for Selling:
Owner transitioning to project management of cannabis facility construction.
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(from currently available funds)
 
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Karen Muller

Business Listed By:
Karen Muller

Cannabis Business Brokers, Inc.

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