114Listing ID: 258406GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $1,200,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : (619) 972-5952

Great opportunity for anyone looking to establish a delivery footprint in the Bay Area (Population 7.753 million)! The business is based out of Oakland, CA, and is fully licensed both at the local and state level. The business is on pace to do over $1M in Gross Revenues this year, with more than 3900 established clients it makes a great opportunity to anyone looking to get into cannabis business or looking to expand. The business is located in secure gated facility equipped with high end surveillance systems. There is also an option to expand the current space of 340 SqFt to 1,180 SqFt!

Cannabis Businesses have been labeled as essential businesses back in March, 2020 meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.

Details:

  • Current Space: 340 SqFt (Could be Expanded to 1,180 SqFt)
  • Rent: $3,200/Month (If Expanded Rent will be $5k/Month)
  • Lease term: Month to Month (Landlord Open to Long Term Lease)
  • Wholesale Inventory: $50,000
  • Vehicles: 3
  • Parking Spaces: 3
  • Employees: 6
  • P.O.S: SingleShop
  • Avg. Ticket Number: $100/Order
  • Book of business: Average of 3900 Returning Consumers
  • General Delivery Business (Not Social Equity)

2021 Gross Revenues: 

  • Jan: $92k
  • Feb: $79k
  • March: $83k
  • April: $86k

Licenses: 

Asking Price: $1,200,000.00 

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Tom Milks, DRE LIC CA# 02064305

If you have any questions Call Tom at (619) 972-5952

Or Email : tom@glbgroupinc.com

AD: Massive Vape Brand, Type 7 Manufacturing & Distribution Business For Sale | $9,900,000
Very unique opportunity to acquire a Top 10 Name Cannabis Vape Brand, Manufacturing Type 7 & Type 11 Distribution Business in Monterey California.
Call Drew Mathews at (619) 653-0483 for more info.
DRE CA LIC# 02091143
Contact Listing Owner
Cannabis & Hemp Banking
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