Posted on May 25, 2022 / 90Listing ID: 403762APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $299,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : 8582456324

This is a great opportunity for someone who is looking to expand their Delivery footprint in the San Joaquin County Market (Population of 600k+ residents). The county is located in Northern California’s Central Valley just east of the very highly populated nine-county San Francisco Bay Area region. The business started operating in June of 2021 and the owners have just renewed the licenses. The business is currently operating on a small scale and the owners are looking to sell for license value (Both Local & State in Hand). The business maintains a wide variety of inventory that caters to all consumer types. Currently the business’s delivery radius covers San Joaquin County and the surrounding areas. By allocating time and capital in advertisement, expanding the delivery radius and bringing on additional drivers could add a significant percentage of both top line and bottom line performance.

Owners currently have both local and state licenses in hand, representing a greater value!

California recently announced the “Provisional”, or temporary license, program will sunset June 30, 2022 which means that in order to operate legally you must go through the arduous and time consuming process of getting a full “Annual” license or acquire an already existing state provisional license.

Details: 

  • Space: 1800 SqFt
  • Rent: $2,500/Month Includes NNN
  • Lease: 5YR (2YRs In)
  • Assigned Parking Spaces: 2 + Street Parking
  • Employees: 6
  • POS: Webjoint
  • Wholesale Inventory: $15k
  • Includes a High End Security System

Licenses:

  • Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.

Looking for Funding? 

Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this. 

Asking Price: $299k (Seller Open to Offers) 

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

Eric Espinoza, DRE CA LIC# 02077927

If you have any questions call Eric (858) 245-6324   

Email: eespinoza@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.

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