Cannabis & Hemp Insurance

Price : 2,186,000
Listing Type : Retail Sales/ Dispensary
Status : ACTIVE
Price for Rent : 2806
Size : 400
Cannabis or Hemp Use? : Cannabis
Medical or Recreational : Both, Social Equity License
Sale Type : Cash, Owner Financing
Utilities : Water, Electricity, Sewer, Trash
Company Name : Cannabis Business Brokers, Inc.
Phone : 949-280-3092

Successful Oakland Cannabis Delivery Service, located near the airport and convenient to all freeways. Gross revenue of $2.5 million is estimated for 2020 based on results through July 2020. Seller has strong and growing revenues in a competitive market due to highly targeted marketing based on pricing and emphasis on customer service.  A highly trained dispatch team operates with time and cost efficiency. Seller is open to a creditworthy Buyer note, but most of the purchase price must be in cash. Equity component to transaction:  Seller pays rent for a distribution business run by Equity applicant until November 2021. Located in a gated and secure facility with 24/7 security.  Plenty of room for loading and parking. Lease expiring 11/2020 and extension can be negotiated.  Seller focuses on value based products and consistently markets to its customers through text campaigns offering attractive pricing.  Strong vendor relationships help sustain Seller’s product offerings. Seller invests heavily in training dispatchers and drivers, as part of its focus on service and operational efficiency. Seller benefits from recent reduction by city of Oakland in the gross receipts tax to 5% Medical, 6.5% Non-Medical for similar grossing cannabis businesses. Seller targets under served bay area localities in order to establish a market presence and customer loyalty. This strategy has driven Seller’s growth and created anchors for further growth.  This geographic reach would well compliment a buyer with other depots or retail locations. NDA and POF required.

Contact Listing Owner
Cannabis & Hemp Banking

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