Posted on October 8, 2020 / 154Listing ID: 83048APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $4,499,000
Status : ACTIVE
Size : 450
Cannabis or Hemp Use Allowed? : Cannabis
License Type : Medical & Recreational
Utilities : Water, Electricity, Sewer, Trash
Sale Type : Cash
Company Name : Cannabis Business Brokers, Inc.
Phone : 949-280-3092

This Sacramento, CA Cannabis Delivery Service has grown quickly due a strong emphasis on pricing and speed of delivery.  The focus on both customer service thought its robust dispatch center and consistent marketing to its customer base, have resulted in great success since its launch in 2018.   2021 Gross Revenue is $3.8 million. Projected net revenue for the same period is high, with the EBIDTA multiple relatively low. The delivery service is located in a secure, industrial building with more than enough parking for the 5 vehicles used for delivery.  Lease for 420 sq ft at $4,444 per month expiring March 2020; an extension can be negotiated.  The rent includes a fee for 24/7 security, including a guard.  In addition, the owners have a small offsite dispatch office, which the buyer can choose to keep or not use at $570 per month. 16 employees.  The delivery service is well located off a major freeway, with the ability to reach all contiguous population centers in under two hours.  Customers appreciate the reliable and prompt delivery, and low pricing and are loyal due to this high service level.  Customer marketing and advertising can be expanded through the use of online and texting services and bill boards.  NDA and POF required.

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Cannabis & Hemp Banking