94 Hangar Way
Watsonville, CA 95076
Property For Lease
Highlights
- Sales in 2021 are on track to exceed $2,000,000 in revenue with 30%(+) profit margins.
- County approved license expansion to 2nd facility allowing total of 22,000 sf of flower canopy, 11,000 sf of nursery and also a distribution business.
- Currently flowering in 3,700 sf. of the available 5,000 sf. of canopy. (4/5 rooms being used)
- 5 Flowering Rooms total 5,000sf . Total Power-1,400 amps
Property Overview
MUST PURCHASE CANNABIS CULTIVATION LICENSE ATTACHED (accepting the highest and best offer) The cannabis company is a prime acquisition target in a rapidly consolidating market; a desirable scenario for potential buyers to capitalize on the new attitudes of the owners by acquiring a business with immediate cash flow & expansion capability. Here are the key highlights Turn-key business with approx. $300,000 of product on the books & available for purchase (9.28.21) Sales in 2021 are on track to exceed $2,000,000 in revenue with 30%(+) profit margins. Currently flowering 3,700 sf. of the available 5,000 sf. of canopy. Annual license to expand into a 2nd facility. County approved license expansion to a total of 22,000 sf of flower canopy, 11,000 sf of nursery and also a distribution business. Annual license to expand into a 2nd facility.
Property Facts
| Property Type | Flex | Rentable Building Area | 9,295 SF |
| Property Subtype | Flex Research & Development | Year Built | 1987 |
| Building Class | C |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | C |
| Rentable Building Area | 9,295 SF |
| Year Built | 1987 |
