Great opportunity to acquire a Fully Operational Revenue Generating turn key delivery business in one of California’s largest cannabis markets Sacramento (Population of +500k). On top of having the delivery license the owner has pending applications for Manufacturing Type 6 and Distribution in order to convert the delivery business into a micro-business. This business was voted “Best of Weedmaps” in 2021 adding a greater value as this is a reputable and known brand in the Sacramento area.
The license is located in the city of Sacramento, but it is not limited to just delivering within the county. These state-licensed “non-storefront retail” 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.
This is a great opportunity for someone who is looking to expand their footprint in the Sacramento Cannabis Market while also taking advantage of the very nearby major markets, a multi-state operator or someone who is looking to enter the industry.
Cannabis Businesses were labeled as essential businesses back in March of 2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
2021 Gross Revenues: $2.6M
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: $799,000.00
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