Great Opportunity to acquire a high grossing, strong company brand, large and loyal customer base, semi-absentee ownership cannabis delivery and distribution business in one of California’s largest cannabis markets. The business is located in a safe and secure area of Oakland. Current owner has two locations with the first location mainly being used for storage due to limited parking spaces and unit size. The second location has had new building renovations in the amount of $150K. The delivery business is on pace to make $4.3M in sales in 2022 and has a well built reputation and market share in the Bay Area, serving across several Bay Area counties and major cities such as San Jose, San Francisco, Oakland and Santa Clara. Location #2 also has a distribution license as well as local approval for Manufacturing Type 6 adding a greater value. Location #2 is fully compliant with new delivery & distribution licenses and ready to take on Location #1’s operations. Premium security and renovations allow for smooth and easy operations for a new owner.
This is a great opportunity for someone looking to expand their footprint in the Bay Area while also taking advantage of the very nearby major markets, a multi-state operator or someone who is looking to enter the industry into a fully turnkey business.
Location #1 Details:
Location #2 Details:
– Double Doors
– Contract with Security to Surveil Closing & After Hours
– 2 Sets of Alarms and Video camera systems
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: $2,750,000.00
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