Oakland based cannabis distributor for sale.
- Operates out of a 2,200 sq ft building in Oakland
- Projected to do over $9M in revenue for 2019
- $6.6M in revenue over the past 12 months
- Established in 2017, has 8% month over month growth
Selling because partner wants to retire.
- Comes with cannabis e-commerce site where all orders are placed
- Very little marketing done, big opportunity for growth under new owner
- Distributes third party brands including some of the biggest brands in Cali
- 40 people work for the company including 22 contracted drivers and 11 customer specialists
- All employees will stay on including management
Asking Price 2x TTM - $13.2M
Business is self sustaining and does not need additional capital invested.