Operating Oakland CA Cannabis Delivery Service; Strong Brand Following

CannaMLS ID: 5014
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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:
Yes
Operations Are Needed:
No

Well located Non Store-Front Cannabis Delivery Service, in Oakland California, near the airport and close to freeways.  Focus on price and service since opening in 2018 has led to strong customer loyalty.  $1.8 million gross revenue for 2020.  Ordering is integrated with POS  and text message marketing systems. Day to day business is managed by three highly experienced dispatchers/operational managers. Social equity component to business. Seller is open to a creditworthy Buyer note, but most of the purchase price must be in cash.  Located next to the airport and near freeways, in a gated complex with 24/7 armed security. Over 15 drivers, independent contractors, who use their own vehicles and receive orders through dispatch software. Low Oakland Highly favorable city sales tax for equity businesses under $1.5 million of 0.12%. Strong Weed maps ratings. Delivering into Oakland, other parts of Alameda County, San Jose, Tri Valley and Solano County.  More than 10,000 customers in business data base for marketing campaigns.  Heavy use of texting, google business page and social media to grow customer base.  Increased demand for delivery of cannabis products during the shelter in place orders has led to increased revenue and new customers. Strong vendor relationships. Strong brand recognition of delivery service name. Seller will provide training for the transition.  Longer term management available at market rates. NDA and POF required.

Price: $1,199,000

Listing Status: For Sale

Details

Date Listed For Sale: 4/13/2020
License Type: Delivery

Location: Oakland, California 94621

Recreational: Yes
Medicinal: Yes

Listing Type

  • Home Delivery



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