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Unique chance to acquire a new, licensed cultivator in a 12,000 ft.² leased facility in the Lower Mainland, BC, Canada

British Columbia, Canada
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Cannabis Businesses For Sale | Cannabis Cultivation/ Grow Businesses For Sale

Listing ID : 867288

Broker ID : 17232503149

Listed On December 8, 2024 View Count 112

Listing Updated January 29, 2025

Price :
$775,000(Price Reduced)
Business Overview :
Year Established:
2023
License Details :
License Status:
Active – Current
License Type:
Recreational/ Adult Use, Medical
License Activities:
Cultivation, Manufacturing - Non-Volatile , Packaging/ Processing
Business Location Details :
Business Location:
Leased
Rent:
$8,000
Size:
12,000 Sq. Ft.
Utilities:
Electricity, Well Water, Sewer, Natural Gas
Terms :
Financing:
Cash
Broker Co-Op:
No
NDA Required:
Yes
Company Overview :
Description :

Newly licensed, leased, 12,000 ft.² micro-cultivator and micro-processor facility, recently built and conveniently situated within 1 hour of Vancouver International Airport

Listing ID: 17232503149
Licence(s) Held: Micro Cultivation and Micro Processing

Seeking outright divestiture of licences, leased property and equipment for $775,000 USD ($1,250,000 CAD) OBO

Listing Details:

Recently constructed, leased, licensed 12,000 ft.² micro-cultivation and micro-processing facility, in the Lower Mainland just one hour from Vancouver International Airport

Site is primed for immediate operation for the acquiring party, as the seller secured licenses approved by Health Canada in November 2023

Facility is comprised of 4x grow rooms,  a propagation room, irrigation room, processing room, drying room / processing, a loading bay and storage area, tailgate loading bay, multiple office spaces, bathrooms and lunch room

There is over 2,500 sq. ft. of unused space available for further development and expansion (originally intended for a nursery co-packing opportunity)

Lean monthly lease payments, $8,000 a month and new lease to be structured with property owner and purchaser, with a 5 year and 5 year renewal with ROFR

Currently working on adding LED upgrades, valued at $175,000

Total invested in leasehold improvements and equipment is ~$1 million

Open to full divestiture of the licences, lease and equipment

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