This is a great opportunity for a public or private company that is looking to expand their Delivery footprint in Contra Costa County (Population 1.1M). Located between two major freeways, very little competition nearby. The current owner has an Annual license in hand from the Department of Cannabis Control, representing a greater value! The facility that the license is held at is 2040 SqFt, and the current owner has a 5 YR lease in place with a monthly rent of $3,362/Month. The business is no longer operational, therefore the owner is looking to sell at license value.
The building has been remodeled to meet code requirements with security in mind! The business has an employee lounge, vendor meet up room, new kitchen area, large interior warehouse space, cash/security office with cash safe, and product room. The large garage could hold 4 vehicles with a newer commercial garage door opener. All windows were replaced with security glass and the office is monitored by Brinks with motion detectors and glass break detectors! The Sheriff’s Department is up the street and have stated that the cannabis business’s safety is their top priority. The business has plenty of 5 star Google reviews, with additional content on the professional website for SEO and speed.
Importance of Having Annual License:
“The Annual Licensing process is so involved…that some companies have taken years to get theirs. Others are still waiting for their licenses, going back-and-forth with local or state regulators on getting theirs completed or both. It can be two years out before you even have the opportunity to commence the build-out process” at the city or county level, not including the length of time it takes to get an annual state license…”
Asking Price: $125,000.00 (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
Eric Espinoza, DRE LIC CA #02077927
If you have any questions call Eric (858) 245-6324
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.