Cannabis Cultivation Investment in Santa Barbara

Santa Barbara County, CA
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Asking Price:$600,000
Gross Revenue:$2,476,250
FF&E:$150,000
Cash Flow:$1,450,250
Rent:$6,000/Month
Established Year:2017
BUSINESS DESCRIPTION

California's legal cannabis market is projected to reach USD 5.4 billion by 2030, with a Compound Annual Growth Rate (CAGR) of 12.2%.

Seize this opportunity to participate in one of the fastest growing industries in California by purchasing a 50% interest in this project.

Outdoor grow or combining green house and outdoor cultivation this permitted grow is projected to produce millions of dollars in revenue.

Anticipated rescheduling of marijuana is happening.

Own a permitted marijuana cultivation project with enormous upside .

The micro-climate of Santa Barbara County in general and this location in particular is excellent for the cultivation of marijuana.

The Master Cultivator is a proven expert.

This project will grow initially through outdoor cultivation's and later mat add greenhouses.

The prior cultivation was successful before the Landlord caused a technical closure. That issue has been resolved

Seller estimates approximately $600,000 needs to be invested for the initial cultivation.

All funds from the purchase shall be used for project development. Seller will not receive any funds from the purchase.


DETAILED INFORMATION
Location
Santa Barbara County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Other business interests
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