
Listing ID : 563864
Posted on June 5, 2023 149
$200k Down Gets You In The Door!!!
This is a part-absentee profitable cannabis delivery service in Stockton, California (Pop. 322k), covering a large service area including Tracy, Manteca, Lathrop, Lodi, Stockton, and Mountain House. It comes with two cars, and the inventory is negotiable. The business is centrally located with easy freeway access and has strong growth potential with absentee owners and significant room for expansion. The business has the potential to increase sales by at least 30% when operated by owners. The business prides itself on excellent customer service and promptly delivery orders.
The business engages in online advertising through Weedmaps, providing a solid foundation for marketing efforts. There is immense potential to elevate the delivery service to the next level with the right marketing strategies and investments.
Issued provisional licenses are eligible for renewal every twelve months and will continue to be eligible for renewal until January 1, 2025. As of January 1, 2026, all licensees must operate under an Annual License!!!
2022 Gross: $550K
2022 Net: 15-20%
2023 YTD: On Pace to do $600-$700K
Details:
Lot Area: 1,000 Sq. Ft.
Lease: $1,575 Per month
6 Parking Spaces
Fully Built out and Completely Turn-Key
Comes with Assets and Low overhead
Annual License in Hand!
Assets Included:
2 Vehicles
2 Large Vault safes
All Furniture
Cameras/ Printer
1 Fridge
1 Fridge/Freezer
Licenses:
The business currently holds all necessary city and state licenses to operate as a cannabis delivery service. The ownership transfer of these licenses will be arranged for the new buyer, ensuring a seamless transition.
Asking Price: $399,999.00 (Seller Open to Offers w/ $200k Down)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Elliot Cardenas, DRE CA LIC #02138336
If you have any questions call Elliot at 619-770-2699
Email: elliot@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
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