619.795.4340 sales@glbgroupinc.com

Recreational Cannabis Delivery Business Equity For Sale #137

New Med., Rec., Turn Key 

 Delivery / Posted 1 week ago / 72 views

$1,100,000.00

Here we have Delivery Business in Sacramento (Population of 500k+ residents) who is looking to sell 20% Equity of their company. The delivery has been in operation for almost two years, grosses $200k/month and has a footprint from Sacramento to the Bay Area where they generate over 75% of their revenues from the surrounding areas. The delivery  maintains a well-stocked inventory of cannabis products that rivals all dispensaries. This delivery has a team of 12 employees is who are known for their respectful, compassionate cannabis professionals who strive to build relationships with their customers every day to identify and satisfy the needs of the community.

The City of Sacramento currently allows Dispensaries, Cultivation, Non-Volatile Manufacturing and Testing in specific zones within the city, subject to a set of regulations. City issued permits are required in order to obtain State licenses, beginning January 2018.

With the added resources the owners are looking to expand their operation and possibly obtain a Micro-Business license, allowing them to branch into the other cannabis outlets that the city of Sacramento has to offer. The direction the owners want to go in is to be fully integrated, they already have a well known brand established in Sacramento. By implementing an aggressive marketing strategy they plan on capturing more new patients in surrounding areas.

Location:

  • Sqft: (-1000/sqft)
  • Rent: $1/sqft
  • Lease: 5 year lease, long term lease available, first right of refusal

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

Asking: $1.1mil for 20% Equity of the Company

Kay Akel, BRE CA# 02061374

If you have any questions call Kay’s assistant at (858) 245-6324

 

Marijuana Brokers, Marijuana Broker, Cannabis Real Estate Brokerage, Cannabis Dispensary Broker, Cannabis Broker
Listing Location

Sacramento County,California

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