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Operating Delivery and Distribution Firm – Resilient / Fully Compliant and Poised for 10X Growth with right operator

300 Pendleton Way, Oakland, CA, USA
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Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 528166

Posted on February 24, 2023 View Count 87

Price For Sale:
$350,000
License Type:
Medical & Recreational
Size:
750 Sq. Ft.
Terms of Sale:
Cash, Owner Financing
Company Name:
Earthseed Investments
Email:
rathin@rickshaw.delivery
Description :

There is Blood in the streets in the Cannabis Business. Perfect time to buy LOW and  You must have a Distro and Delivery  License to compete on price !!!. That’s precisely why this is the listing for you. This Oakland Licensed DELIVERY/DISTRO Firm is poised for growth in the new environment for  plethora of reasons:

  1. Marketing – The firm has been up and running for over four years. There are three active and verified Google Business Profile listings – Each listing is unique and has at least 19 reviews at over a 4.6 Rating. Additionally the firm has over 600 reviews on weedmaps with a 4.6 star average. Email Newsletters and Text Campaigns are currently being implemented and targeted to our list of over 2,500 clients

  2. Delivery + Distribution License in one Office – Efficient setup with top notch security

  3. Strong Presence in Richmond Ca Corridor . Building presence in Hayward 

  4. Sophisticated Phone Routing/ Dispatch System 

  5. Strong Following for House Brand Flower , Enabled by buying bulk through Distro License – The firm has been selling Indoor Flower under its own brand for over four years. Margins can reach 200-300% on 1/8s -OZs

  6. Fully Compliant Locally and State-Wide – All Taxes Current 

  7. Opportunity to buy as General OR Social Equity . Buyers will have opportunity to take this forward as a General License or Social Equity. Firm is currently set up as Social Equity

  8. Very Low Cost Structure / EXTRA LEAN! – With an astute buyer this firm is poised for explosive growth

  9. Strong Relationship and Credit Terms with Top Brands 

  10. With strong backing the San Jose -Sacramento Swath can be conquered.

  11. Sophisticated Payment Systems Set Up and cannabis compliant banking solution – Accepting Credit Cards / Debit Cards / CashApp / Paypal / Bitcoin ( in beta) / Apple Pay (beta) / Google Pay (beta)

  12. All insurance and necessary certifications are up-to-date and current for 2023

  13. Fully maintained and clean METRC for both licenses

The business is located in Oakland (Population 433k) which is in Alameda County (Population 1.5mil). The location is highly logistic for expansion to San Jose or up to Sacramento.

Details: 

  • Space: 250 SqFt

  • Rent: $2,900/Month (Includes CAM)

  • Lease Terms:M2m  Option to Obtain a Long Term Lease

  • Wholesale Inventory: $15k

  • Parking: Plenty of Parking Available

  • P.O.S: WebJoint

  • Employees: 7

  • Verified Google Listings #: Three distinct Brands with active Google Business Profiles – Average Rating 4.75 – Over 175 Ratings

  • 2023 Projected Gross Revenues: $475,000

  • 4.65 Rating on WeedMaps 

  • In – House Flower Brand garners Margins of 200% +. Huge opportunity moving forward..

Licenses:

  • Non-Storefront Retail Delivery / Distribution License: Off-Premises Sales, Direct-To-Consumer, Bulk Buys , Superior Tax Structure 

Asking Price: $350,000 ( Some Financing Possible) 

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. 

 

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