
Listing ID : 565675
Posted on June 11, 2023 148
Asking Price: $400,000
Tree Frog Delivery is located in South Sacramento, but delivers to Vacaville and Fairfield. However, the office is 5 minutes to Sac State University and 10 minutes to Elk Grove, two locations that need to be expanded into. After almost a year of being in the cannabis delivery space, I’ve realized the time and money required to grow operations like these and I think with my lack of knowledge in this industry and my lack of time I just don’t want to invest into it. I think with the right investor Tree Frog has very good potential. My employees are phenomenal, and my manager can run the business by herself. We have a very stable returning customer base that keeps Tree Frog running smoothly, but we only average 105 new members per month. However, we did little to none advertising these past 2 quarters. Overall, the business breaks even every month, if anything it loses 1-2k per month. All taxes and insurances are up to date.
Insights:
- 4 cars, but only 2 are running right now.
- Approximately 50k in inventory.
- POS is Blaze.
- 706 monthly average sales.
- $67 average basket size.
- 500k+ annual revenue
- Rent is $3,400. Has an office space and a garage.
- 7900+ client book with names, numbers, and emails.
Business needs:
- Rebranding/website design.
- New reliable vehicle.
- Territory expansion.
- Inventory expansion.
- Advertising.
treefrogbotanicals.wordpress.com
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