Listing ID : 832529
Listed On August 26, 2024 51
Listing Updated August 29, 2024
Great opportunity for a fully operational, well-equipped and high revenue producing Cannabis Distribution Business located in Sacramento, California. This business holds a valuable Annual Commercial license for both Adult and Medicinal use, ensuring broad market access and full regulatory compliance. Occupying a spacious 6,000 square foot facility, the business provides ample room for future growth and expansion. The current team of experienced employees is ready to transition under new ownership, ensuring smooth continuity of operations, and the seller is prepared to offer training for a seamless handover. The sale includes not only the business and its distribution license but also the lease of the facility, providing a turnkey solution for immediate operation and revenue generation. This is a rare chance to secure a foothold or expand your presence in Sacramento’s booming cannabis market with an established and strategically positioned business.
Revenues:
2023 Gross Revenues: $21.1M
2024 Jan-July Gross Revenues: $10.7M
Details:
Space: 6,000 Sq Ft
Rent: $11,710.00
Lease Terms: LL Open to Long Term Lease
2 Roll Up Doors
Ceiling Height: 20 ft
Security Cameras in Place
Employees: 28
Seller Open to Providing Seller Training for 30 Days
License:
(Annual) Commercial – Distributor Adult-Use and Medicinal
Asking Price: $2,950,000.00 (Seller Open to Offers w/ $1.75M Down Payment)
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
Eric Espinoza, DRE CA LIC# 02077927
If you have any questions Call Eric (858) 245-6324
Email: broker@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
Listing Highlights
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