Posted on August 7, 2019 / 861Listing ID: 58336APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Banking
Price : $300,000
Status : ACTIVE
License Type : Medical & Recreational
Sale Type : Cash, Financing

Fully licensed and compliant recreational and medical marijuana delivery service is seeking investor. The business has shown to be profitable with gross sales reaching over two million dollars. We possess a State of California non-retail storefront license which allows the business to expand to any city in any county in California. We are one of the few legally licensed delivery services in California. This distinction gives us an advantage over most of our local competitors as the threat of state and city shutdown is vanquished. We are currently seeking operating capital in the amount of $300,000 on 12% terms. This will allow for the business to expand to other regions in the fastest growing market in California. We ask that any proposed investor is able to show proof of funds. In addition, we require a non-disclosure agreement to be signed before disclosing the name and location of the business. FULL BUSINESS PLAN AND FINANCIALS AVAILABLE.

 

Overview

Active locations of delivery.

Region: 

  • Ventura County Service area (Ventura, Oxnard, Camarillo, Port Hueneme, Santa Paula, Ojai, Saticoy)

  • Ventura County Service area( Thousands oaks, Simi Valley, Moorpark, Newbury Park, Fillmore)

  • High Desert service area (Hesperia, Victorville, Phelan, Helendale, Apple Valley, Oak Hills, Barstow, Wrightwood, Pinon Hills, Adelanto)

  • Mid Cities Service area (bellflower, lakewood ,norwalk,compton,long beach,paramount, downey,south gate,lynwood,south bay area)

 

Peek numbers with Annual Gross

Fiscal Year Sales: 

  • Monthly Average: $182,400

  • Quarterly: $ 547,200

  • Annual: $2,188,800



Gross Profit :

  • Monthly  Average: $100,320

  • Quarterly: $300,960

  • Annual: $1,203,840

 

Team Members:

  • Managers: 2

  • Leads:2 

  • Dispatch: 6 Staff

  • Drivers:  10 Staff

Total Staff: 20

 

Pos system being used: www.indicaonline.com



Rough projections with funding behind?

Fiscal Year Projection:

  • Monthly $425,600

  • Quarterly: $1,276,800

  • Annual: $5,107,200

Gross Project:

  • Monthly $255,360

  • Quarterly $766,080

  • Annual $3,064,320




 

Contact Listing Owner
Cannabis & Hemp Insurance
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