Great opportunity for a fully turn-key cannabis delivery business in Sacramento, CA (Population of 500k+ residents) that is looking to sell. The delivery has been operational for a few months now and maintains a well-stocked inventory of cannabis products that caters to both Medicinal and Recreational Use consumers, with an avg. ticket of $100 per order. Currently the business’s delivery radius is the Sacramento and surrounding areas. Right now the only form of marketing in place is WeedMaps and word of mouth. Even with minimal marketing in place this business is averaging over $50k/month, for only being on WeedMaps and word of mouth that’s huge! By allocating time and capital in Advertisement and bringing on additional drivers could add a significant percentage of both top line and bottom line performance.
2020 Gross Figures:
January 2021- $65k
Space: 800 SqFt
Lease: 5 YR w/ Options to Extend
Wholesale Inventory: $50,000.00
Delivery Vehicle Included
License: Non-Storefront Retail (Adult-Use & Medicinal)
Why Delivery Service?
Cannabis Businesses have been labeled as essential businesses back in March 2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
As of January 16th, 2019, California’s Office of Administrative Law (OAL) approved the final rules and regulations governing the state’s cannabis industry, one of those rules guarantee legal protection to the state-licensed “non-storefront” delivery companies and their customers in the cannabis banned areas which is particularly good news for those customers who may be homebound or have other limitations that prohibit them from traveling. So now delivery services can deliver to ALL OF CALIFORNIA !!!
Asking Price: $699,000.00 (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