If you are looking to expand your company’s footprint in the heart of the Sacramento area through an established brand and company with a HIGH EBIDTA, this is the opportunity for you. The business is part-absentee with a great team running the day to day operations and is located in a perfect central location within the city of Sacramento, and easy freeway and highway access.
In 2021, the business generated an estimated $4M in Gross Revenues with a High Net Profit (Over $1M in 2021). 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 the arduous and time consuming process of getting a full “Annual” license or acquire an already existing state provisional license.
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: $3,000,000.00 (Seller Open to Offers)
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. 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
Or Email: email@example.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.