Business Description
This is a great opportunity for a public or private company that is looking to add additional delivery hubs to maximize market presence & revenues. Located in the Bay Area (Population +7.7M), the business is located in the city of Oakland, CA. The current owner has local and state level approvals, with an Annual License in hand from the Department of Cannabis Control, representing a greater value! . The company has been operational since 2021 and has excellent freeway access in and out, also includes a fully compliant security system in the premises. Along with a temperature-controlled inventory room, air conditioning throughout the building, and a separate, private management office are also all included in the facility.
The current owner has a great long-term lease in place with a monthly rent of only $4,738k/Month. The company advertises on Weedmaps, Instagram, and their own Website, they also have more than a thousand reviews with an average rating of 5 stars on Google and Weedmaps !!! They are the only business listed in the Bay Area to have accomplished this. The company was awarded 2022 Best of Weedmaps for Delivery.
California recently announced the “Provisional Deadline” (MJBizDaily Article), or temporary license, program will sunset June 30, 2022 with the first deadline being March, 31st, 2022. This means that in order to operate legally you must go through the arduous and lengthy time consuming process of obtaining a full “Annual” license or the only other option would be to acquire an already existing licensed business.
Details:
- Space: 1490 SqFt
- Rent: $4738/Month + NNN
- Lease: 5 years w/(2) 5 Year Options
- Established: 2021
- License Types: Delivery Non-Storefront Retail
- State License Type: Annual (Most Preferred)
- Use: Recreational & Medicinal
- POS: Blaze
- Employees: 5
- Avg. Ticket Price: $102
- 2022 YTD Gross Profit $407,460.00
- Great brand in place with 5 Star reviews on Weedmaps & Google!
- Marketing: Weedmaps, Instagram, Company Website
- Brand and Book of Business Included in Sale
License:
Retailer Non-Storefront License: Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.
Asking Price: $149,000.00 (Seller Open to Offers)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Yesenia Jimenez, DRE LIC CA# 02073168
If you have any questions Call Yesenia at (858) 633-3013
Email: asm@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
Business Details
- Price: $149,000
- Business Type: Delivery Retail Only, Seller Financing
- Business Status: For Sale
- Location: California
