Business Description
Fully Licensed Cannabis Delivery Business (i.e., Non-Equity) located in Oakland, Alameda County (Population 1.5mil). The business if fully licensed both at the local and state level, last year the YTD Gross Revenues were over $750k! The business is located in secure gated facility equipped with high end surveillance systems, providing added security and safety. The business applied the “Ice Cream Truck” model, where drivers carry a small amount product in their vehicle and can deliver anywhere in California. This business delivered down the coast, covering Central Ca & SoCal. Currently the business is no longer operational, the owner is looking to sell at license value.
Cannabis Businesses have been labeled as essential businesses back in March, 2020 meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
Details:
- Space: 500 SqFt
- Rent: $1,250/Month
- Lease: 3 YR w/ Options to Renew
- Wholesale Inventory: $40k
- Employees: 4 (1 Dispatch & 3 Drivers)
- Point of Sale System: Indica Online
- Patients/Customers in Database: 3,500
- Avg Ticket #: $100/per Order
- 2021 YTD Gross Revenues: $750k
- Business is Not Operational
Licenses:
- Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.
Looking for Funding?
Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this.
Asking Price: $350k (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 at (858) 245-6324
Email: eespinoza@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
Business Details
- Price: $350,000
- Business Type: Delivery Retail Only
- Business Status: Pending
- Location: California
