Licensed Distribution For Sale, $6M+ in Revenue

CannaMLS ID: 1497

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Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$0
Ownership Percentage:
0 %

Property Details

Property Attached:
No
Property Is Movable:
No
Property Is Included:
No
Has Buy-in Option:
No
Is Built Out:
No
Has Room For Expansion:
No
Operations Are Needed:
No

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.

Price: $13,200,000

Listing Status: For Sale

Details

Date Listed For Sale:
License Type:

Location: Oakland, California 94501

Recreational: Yes
Medicinal: Yes

Listing Type

  • Distribution