Business Description
This is an excellent opportunity for anyone looking to expand their delivery footprint in the Sacramento area (Population +500k). The business is currently not operational. The current owner has an Annual license in hand from the Department of Cannabis Control, representing a greater value! The current owner has a great long term lease in place of 5 YRs with a monthly rent of only $1,300/month, once operational the rent will increase to $2,600/month. The business space will be ready for a BOP walkthrough by the end of March. This is an excellent opportunity for someone looking to expand their footprint or business in the Sacramento Cannabis Market while also taking advantage of the nearby major markets, or for someone new to the industry! The delivery is not limited to making deliveries in Sacramento or the county, but as far as logistically possible!
Sacramento Cannabis businesses pay a business tax of 4% of their gross receipts. Taxes are remitted on a monthly basis. You will begin paying tax once you begin operating and generating revenue.
Details:
- Space: 650 SqFt
- Rent: $1,300/month ($2,600 Once Operational)
- Not Operational
- Lease: 5 YRS
- Lease under LLC
- Space ready for walkthrough for BOP (Approx End of March)Â
- License: Non-Storefront Retail Delivery
- State License Type: Annual (Most Preferred)Â
- Gated Outside Parking
- Buildout Investment: $80k
- No Debts or Liabilities on the License!Â
License:
- Non-StoreFront Retail: Off-Premises Sales, Direct-To-Consumer
Asking Price: $80,000.00
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Elliot Cardenas, DRE CA LIC#Â 02138336
If you have any questions call Elliot (619) 770-2699
Email: elliot@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
Business Details
- Price: $80,000
- Business Type: Delivery Retail Only, Seller Financing Available
- Business Status: For Sale
- Location: California
- Down Payment Required: $125,000.00
- Capital Invested: $90,000.00
