Fully Operational Established Brand Cannabis Delivery Business For Sale (Sacramento California) #1190

  • $899,000

Business Description

If you are looking to expand your company’s footprint in the heart of the Sacramento area through an established brand and company with high revenues, this is the opportunity for you. The business is part-absentee with a great team running the day operations and is located in a perfect central location within the city of Sacramento and easy freeway and highway access. 

From December 2022 to December 2023, the business has generated $2,052,000.00 in Gross Revenues. The business has been operating since 2017, and has solidified itself in the Sacramento Market as one of the top rated and prompt delivery businesses! The license is located in the City of Sacramento (Population of +500k,) but it is not limited to delivering within the county. These state- licensed “Non- Storefront” delivery companies can deliver to all of California! The simplicity of home delivery provides the convenience that many consumers and patients appreciate with the benefit of quality cannabis products. Cannabis delivery businesses play a critical role in the state and have now been labeled an essential business, creating a large demand for more. 

California recently announced the “Provisional,” or temporary license, program will sunset June 30, 2022. Which means that in order to operate legally you must go through an arduous and time consuming process of getting a full “Annual License or acquire an already existing State Provisional License. 

Revenues: 

  • 2020 Gross Revenues: $3.1M
  • 2021 Gross Revenues: $4M
  • 2021 Net Revenues: $1M +
  • Dec 2022 – Dec 2023 Gross Revenues: $2,052,000.00

Details:

  • Space: 420 SqFt + Common Areas
  • Rent: $3600/ Mon + CAMS ($850)
  • Lease: 5 YR
  • Wholesale Inventory: $75k
  • POS: Meadow
  • Employees: 13
  • Vehicles: 6 Equipped w/ Dash Cams & Cash Safes
  • Parking Spaces: Open Parking 
  • Roll – Up Door 
  • High End Security System Installed & Included (Cameras, Alarm) 
  • Computers & Misc Office Supplies Included 
  • Local & State Licenses in Hand !!!! (Representing a Greater Value)


Licenses: 

  • Non- Storefront Retail Delivery: Off – Premises Sales, Direct – To – Consumer

 

Asking Price: $899,000.00 (Seller Open to Offers w/ $200k Down) 

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

Elliot Cardenas, DRE CA LIC# 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: $899,000
  • Business Type: Delivery Retail Only, Seller Financing Available
  • Business Status: For Sale
  • Location: California
  • Down Payment Required: $200,000.00
  • Gross Revenue: $2,052,000.00
Green Life Business Group, Inc DRE CA LIC# 02061374
Pictures shown are for illustrative purposes only and do not represent the actual business, unless otherwise noted.

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Elliot Cardenas, Sales Director
  • Elliot Cardenas, Sales Director