Posted on April 4, 2023 / 337Listing ID: 542665APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Banking
Price : Inquire for Price
Company Name : Green Life Business Group, Inc
Phone : 6196530483

Great Opportunity to acquire a high grossing, strong company brand, large and loyal customer base,  semi-absentee ownership cannabis delivery and distribution business in one of California’s largest cannabis markets. The business is located in a safe and secure area of Oakland. The delivery business generated $3.2M in sales in 2022 and has a well built reputation and market share in the Bay Area, serving across several Bay Area counties and major cities such as San Jose, San Francisco, Oakland and Santa Clara. Location #2 also has a distribution license as well as local approval for Manufacturing Type 6 adding a greater value. Location #2 is fully compliant with new delivery & distribution licenses and ready to take on Location #1’s operations. Premium security and renovations allow for smooth and easy  operations for a new owner.

This is a great opportunity for someone looking to expand their footprint in the Bay Area while also taking advantage of the very nearby major markets, a multi-state operator or someone who is looking to enter the industry into a fully turnkey business.

Location #1 Details:

  • Space: 500 Sq. Ft.
  • $3,000 Per Month NNN
  • Lease Terms: 5YR w Option to renew (3% Yearly Increase)
  • 2022 Revenues: $3.2M 
  • POS System: Blaze
  • Record sales since April of 2022
  • 10-50% Steady Yearly Growth Since 2018
  • Strong Company Brand
  • Loyal Customer Base
  • Semi-Absentee Ownership
  • Average 30 New Customers Per Day
  • Google Ranked/SEO Top 5 In Servicing Cities
  • 2,000+ Weedmaps Reviews, Ranked Top 3 Delivery Service in Weedmaps Throughout Bay Area
  • Limited Parking

 

Asking Price: Call For 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

Drew Mathews, DRE LIC CA# 02091143

If you have any questions Call Drew at (619) 653-0483

Or Email : ceo@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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