Posted on June 24, 2022 / 111Listing ID: 418046APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $175,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : 8582456324

Great opportunity to add additional locations and/or license types to maximize revenue, in the Bay Area (Population 7.7M) ! Currently the delivery business is fully licensed both at the local and state level in the city of Oakland, CA (Population 425k). The facility has great freeway access in and out, and has a high end security system in place. The business sits on a 500 SqFt unit, owner has a long term lease in place with rent being $3k/Month. The convenience of ordering from a delivery online and using their services has improved the shopping experience for various consumer goods.

California recently announced the “Provisional Deadline” (MJBizDaily Article), or temporary license, program will sunset June 30, 2022 with the first deadline being March, 31st, 2022. This means that in order to operate legally you must go through the arduous and lengthy time consuming process of obtaining a full “Annual” license or the only other option would be to acquire an already existing licensed business.

Details:

  • Space: 500 SqFt Delivery
  • Rent: $3k/Month
  • Lease: Long Term Lease In Place
  • License Types: Delivery Non-Storefront Retail
  • Use: Recreational & Delivery

 

License: Retailer Non-Storefront License: Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.

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: $175,000.00 (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 LIC CA# 02077927

If you have any questions Call Eric at (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 opportunity.

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Cannabis & Hemp Banking
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