Highly Profitable Delivery Business for Sale w/ Great SoCal Coverage – 3.5 X Net Multiplier!

CannaMLS ID: 6902
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Price: $1,750,000


Listing Details


Listing Category
Home Delivery

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


Price: $1,750,000

Listing Status: For Sale

Amazing Opportunity to Purchase an Operational Cannabis Delivery Business in Southern California. Having a consistently profitable Net Income, the Business has created a Streamlined Process for their loyal Customers. This is the perfect opportunity for investors to get into the cannabis business and start making money from day one. VALUE ADD: Adult-use licensing is on the horizon in this municipality (currently Medicinal-only) Don’t miss out – this is a RARE opportunity to purchase an operational cannabusiness based on a low Net multiplier.

Real estate is for Lease-only, with an extremely low monthly rate. Purchase Option: TBD. Motivated Seller. With great coverage throughout Southern California, this Established Cannabis Delivery Business has an ideal location to access the best demographics in the State. Delivery coverage includes San Bernardino, Los Angeles, Orange, Riverside, and San Diego Counties.

Business Info

  • Asking Price: $1,750,000
    • Based on a 3.5x multiplier of NET PROFITS!
  • Well-managed expenses with strong net profits.
    • 22% Net Profit
  • Remote-operated business, Manage from anywhere
    • Staff includes Fully-Trained Operations Manager, Fulfillment Manager, Controller and Fleet Manager, SEO & Marketing team

Real Estate Highlights

  • 3,500 SF building, located on a 3-acre parcel
    • Lease Rate: $3,900/month
  • Currently on a new 5-year Lease, with an additional 5-year option
  • Great location and can serve multiple counties
  • NDA required for address and tour
    • Please no contact with current tenants
    • Due diligence documents provided with NDA


Listing Details

Listing Status
For Sale

Location
California 92345

Date Listed For Sale:
6/14/2022

Date Last Updated:
6/15/2022

Operational:
YES

Property Details

Buiding Size (sq ft)
3500 sq ft

Lot Size (acres)
3 acres

Pricing Details

Listing Price
$1,750,000

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