Sacramento, California Cannabis Delivery Service with Strong

CannaMLS ID: 4911
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Price: $3,999,000


Listing Details


Listing Category
Home Delivery

License Status
Municipal / local license granted
State / annual license granted

Medical
YES

Adult Use
YES

Verification Details powered by Green Growth CPAs


Licenses Verified
03/31/2021

GreenGrowth CPAs Disclaimer: The information that GreenGrowth CPAs is verifying has been provided to us by the Seller or their representing broker. We have verified the information that they have provided to us. If, for any reason the information provided by the selling party is false or misleading, we disclaim any and all statements.

Price: $3,999,000

Listing Status: For Sale

Growing and Well Run Cannabis Delivery Business.  This Sacramento, California Cannabis Delivery Service has grown quickly due a strong emphasis on pricing and speed of delivery.  The focus on both customer service through its robust dispatch center and consistent marketing to its customer base, have resulted in great success since its launch in 2018.   $3 million gross revenue for 2020.  Very strong net with low EBITDA multiple. The delivery service is located in a secure, industrial building with more than enough parking for the 5 vehicles used for delivery.  Lease extension can be negotiated.  The rent of $4444 for 420 sq ft includes a fee for 24/7 security, including a guard.  In addition, the owners have a small offsite dispatch office, at $570 per month, which the buyer can choose to keep or not use. Owners are willing to train the buyer for a transition period. The delivery service is well located off a major freeway, with the ability to reach all contiguous population centers in under two hours.  Customers appreciate the reliable and prompt delivery, and low pricing and are loyal due to this high service level. Customer marketing and advertising can be expanded through the use of online and texting services and bill boards. NDA and POF required.


Listing Details

Listing Status
For Sale

Location
Sacramento, California 95811

Date Listed For Sale:
3/13/2021

Date Last Updated:
6/10/2021

Generating Revenue:
YES

Operational:
YES

Property Details

Buiding Size (sq ft)
420 sq ft

Built out / Turnkey
YES

Equipment Included
YES

Room for Expansion
YES

Green Zone Confirmed
YES

Pricing Details

Listing Price
$3,999,000

Property Lease Rate
$4,444/month

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