Cannabis Delivery in Oakland | Type 9 Non-storefront Delivery

CannaMLS ID: 4472
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Pricing Details

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

Property Details

Property Is Leased:
Yes
License Is Movable:
No
Real Estate Is Included:
No
Has Buy-in Option:
No
Facility Is Built Out:
Yes
Has Room For Expansion:
No
Operations Are Needed:
No

 

This delivery company is one of Northern California’s premier cannabis delivery service, offering high-quality products at great prices. The company is headquartered in Oakland and services the San Francisco Peninsula and East Bay through Lafayette.


The company comes with two vehicles, inventory, office equipment, and staff in place. There is a social equity partner in the City of Oakland (paid $1,100 monthly) that you have the option of retaining. Furthermore, the current owner is willing to stay on as a limited partner or a consultant to ensure a smooth transition. This business is a true turnkey opportunity.


An investor has immediate opportunity for growth – it only operates Monday through Friday, 12:00pm – 8:00 pm. Additionally, ownership spends minimally on advertising, averaging roughly $8,000 per month. Currently only flower is sold, and you can introduce other cannabis goods (i.e. vapes and edibles) to grow a diverse income stream.


Financials will be released to qualified investors only. Please execute a confidentiality agreement to learn more.

 

  • Offering Price - $2,200,000
  • Annualized Revenue - $1,800,000 (October 2020)
  • Initial Sales Tax Rate - 0.12% (City of Oakland)
  • Lease Term - December 31, 2023
  • Monthly Rent - $1,045
  • Size of Office - 300 SF
  • Employees - Four
  • Security - Extensive (plus armed security)
  • FF&E - Two Cars + Office Equipment + $40k of inventory

Price: $2,200,000

Listing Status: For Sale

Details

Date Listed For Sale: 12/2/2020
License Type: Type 9 Non-storefront Delivery

Location: Oakland, California 94621

Recreational: Yes
Medicinal: Yes

Listing Type

  • Home Delivery



 

 

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