Bay Area Fully Turn-Key Cannabis Delivery and Distribution Business For Sale (Oakland, CA)

CannaMLS ID: 4826
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Price: $3,600,000


Listing Details


Listing Category
Distribution
Dispensary


Price: $3,600,000

Listing Status: For Sale

Fully Turn-Key high grossing cannabis Delivery and Distribution business for sale in the Bay Area. This is a great opportunity for companies that are looking to enhance their statewide Delivery and Distribution footprint in the Bay and surrounding areas. The business is located in Oakland, Alameda County (Population 1.5mil), in a secured gated area with easy highway access. Owner has all proper licenses and approvals in place, both at the local and state level. The business has been in operation for three years and did $2.4M in Gross Revenues for 2020. 

Included in the sale is a proprietary ERP system which is purpose built to optimize driver & depot efficiency for cannabis delivery operators. This robust logistics system encompasses 5 main apps, a consumer website, driver native phone application, admin web app, admin native phone app, and management reporting dashboards. Functionality includes inventory management, driver scheduling, driver region assignment/automated routing, CRM marketing, and more. Automations including a proprietary routing algorithm allow drivers to deliver more orders per shift with no dispatching required. Customers are auto verified and pre-matched with nearby delivery drivers, allowing them to select items from a specific driver’s inventory guaranteeing accurate fulfillment in as little as 5 minutes. Tested over the course of 3 years, this system is ready to be scaled to multiple delivery hubs across California and beyond. 

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.

Details: 

Space: 1,569

Rent: $6961.81 ($4824.68 +$2137.13 (Equity Incubatee, 1.5 YR Remaining))

Employees: 20+ 

Wholesale Inventory: $150k 

2020 Gross Revenues: $2.4M 

Marketing: Weedmaps, Website 

Delivery avg. ticket # $67/per order

Delivery avg orders per day: 50+

Gated area, secure premises 

Licenses: 

Retailer Non-Storefront License- Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.

Distribution- Distribution of medical cannabis and medical cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where product is stored for the purposes of distribution.

 

Asking Price: $3,600,000.00

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

Tom Milks, DRE LIC CA# 02064305

If you have any questions Call Tom at (619) 972-5952

Or Email : tom@glbgroupinc.com


Listing Details

Listing Status
For Sale

Location
Oakland, California 94601

Date Listed For Sale:
2/26/2021

Date Last Updated:
3/12/2021

Property Details

Pricing Details

Listing Price
$3,600,000

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