
Listing ID : 639190
Posted on October 31, 2023 79
Amazing opportunity for a premier, fully licensed cannabis delivery business situated in the thriving city of Sacramento, California, boasting a population of over 525K residents. Established in 2020, this flourishing enterprise has seen gross revenues of $1.86M in the previous year and is projected to reach $2.2M in 2023. Investment in this opportunity includes more than a business. It’s an established brand, a comprehensive book of business, and an array of fixed assets, including two large safes and a high-end security system. Over $1M has been invested to lay the groundwork, covering licensing, buildout costs, and marketing, which has been instrumental in achieving a top-ranked SEO position in Sacramento and surrounding areas. This strategic SEO ranking is a key differentiator, attracting an average of 5-15 new first-time members daily. Furthermore, the business is not geographically constrained, offering delivery services as far as logistics allow. In addition to these enticing prospects, the current owner is committed to ensuring a smooth transition, offering 30 days of comprehensive training to the new owner. This is more than a business sale – it is an opportunity to take the reins of a well-established and growing cannabis delivery operation in Sacramento, CA. Don’t miss out on this investment in a booming industry!
Details:
Space: 1500 SqFt
Rent: $4k/Mon (Includes Security
Lease: 5YR w/ Options to Extend
Wholesale Inventory: $150k
Capital Invested: +$1,000,000
Large Safes: 2
Employees: 9
POS: Blaze
Training Period: 30 Days
Marketing Expenses avg Monthly: $5k/Month
2022 Gross Revenues: $1.86M ..net is about 10
2023 Gross Revenues: Projected $2.2M
State of the Art Security System in Place:
Customer Base: +10k
New Customers/Members Months: 2-300
Deliveries Avg Per Day: 50
Current B.O.P. Fee Paid ($20k Fee)
Licenses:
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.
Asking Price: $999,000.00
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 at (858) 245-6324
Or Email: broker@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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