Business Description
Great opportunity to acquire a fully turnkey Cannabis Delivery and Distribution business in one of California’s most strategic markets, Oakland. The business is not operational allowing a new owner to operate under a clean canvas model with no current tax exposure. The licenses and business sit on a 1,600 Sq. Ft. facility that is also zoned for Manufacturing Type 6 extraction adding a greater value. In Q3 of 2022, the demand for these types of licenses in the city of Oakland spiked due to the location’s affordability as well as the ability to service nearby large markets. Larger operators are also looking to target acquisitions at license value as well as a “clean canvas” due to the fact that businesses that are generating revenue require a longer Due Diligence period in order to track previous sales, debts and owed taxes.
This is a great opportunity for someone looking to expand their footprint in the Oakland 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.
Details:
- Space: Total: 1,600 Sq. Ft.
- Rent: $9,000 NNN
- Lease Terms: 5YR w Option to renew (3% Yearly Increase)
- Parking Spaces: 7
- Distribution License in Hand
- Zoned for Manufacturing Type 6 with current Local Approval
- Newly renovated flex-use building
- New rooms added
- $150K Invested into renovations
- Contracted with rental company & staff for delivery vehicles, reducing company liability
- New Heaters and carbon filters
- Security: Private Gate (App & Remote Operated)
Licenses:
- Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.
- Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all cannabis businesses: Manufacturers, Cultivators, Nurseries, Retailers, Distributors.
- Manufacturing Type 6: Manufacturing of Edibles, Vape Pens, Pre-rolled joints, Packaging flower, Tinctures, Drinks (all manufactured cannabis products).
Asking Price: $299,000.00
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
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: $299,000
- Business Type: Delivery Retail Only, Distribution, Manufacturing Type 6 NON Volatile, Retail
- Business Status: For Sale
- Location: California
