High Grossing Oakland, California Cannabis Delivery Service

CannaMLS ID: 5023
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Pricing Details

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

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

Successful Oakland, California Cannabis Delivery Service, located near the airport and convenient to all freeways. Seller has strong and growing revenues in a competitive market due to highly targeted marketing based on pricing and emphasis on customer service.  A highly trained dispatch team operates with time and cost efficiency. Seller is open to a creditworthy Buyer note, but most of the purchase price must be in cash. Equity component to transaction:  Seller pays rent for a distribution business run by Equity applicant until November 2021. Located in a gated and secure facility with 24/7 security.  Seller focuses on value based products and consistently markets to its customers through text campaigns offering attractive pricing.  Strong vendor relationships help sustain Seller's product offerings. Seller invests heavily in training dispatchers and drivers, as part of its focus on service and operational efficiency. Seller benefits from recent reduction by city of Oakland in the gross receipts tax to 5% Medical, 6.5% Non-Medical for similar grossing cannabis businesses. Seller targets under served bay area localities in order to establish a market presence and customer loyalty. This strategy has driven Seller's growth and created anchors for further growth.  This geographic reach would well compliment a buyer with other depots or retail locations.  Owner available to train for transition.  Can manage business on a longer term basis at market rates. Parking lot on site.NDA and POF required.

Price: $2,186,000

Listing Status: For Sale

Details

Date Listed For Sale: 4/20/2020
License Type: Delivery

Location: Oakland , California 94621

Recreational: Yes
Medicinal: Yes

Listing Type

  • Home Delivery



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