Licensed Distribution For Sale, $6M+ in Revenue

CannaMLS ID: 1497
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Price: $13,200,000


Listing Details


Listing Category
Distribution

Medical
YES


Price: $13,200,000

Listing Status: For Sale

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.


Listing Details

Listing Status
For Sale

Location
Oakland, California 94501

Date Listed For Sale:
7/10/2019

Date Last Updated:
7/20/2019

Property Details

Pricing Details

Listing Price
$13,200,000

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