We have a great Delivery business in Sacramento, CA (Population of 500k+ residents) that is looking to sell. Currently the business’s delivery radius is the Sacramento and surrounding areas, Elk Grove, Citrus Heights, Davis, etc. The delivery maintains a well-stocked inventory of cannabis products that caters to both Medicinal and Recreational Use consumers. Right now the only form of marketing in place is WeedMaps and word of mouth. Even with minimal marketing in place this business is pulling in over $30k/month, for only being on WeedMaps and word of mouth that’s huge! By allocating time and capital in Advertisement it can add a significant percentage of both top line and bottom line performance.
- 2018 Gross: $122,526
- 2019 Gross: $368,544 (Not including the last 2 weeks of December)
- License: Non-Storefront Retail (Adult-Use & Medicinal)
- Space: 3,000 sq ft
- Rent: $2800/month
- Wholesale Inventory: $40,000.00
Why Delivery Service?
- If you are brand new to the cannabis industry and looking to get in the industry but want the lowest risk, the easiest way to learn the ins & outs is a delivery service. Owning a cannabis delivery service is almost the same as running a dispensary storefront but with much less overhead. Internally, storefronts have a higher overhead cost with rent, security, employees and inventory comparing the costs to a delivery are night and day. With Delivery a small space of 500 sqft is more than ideal to setup the operation, it does not have to be in a prime real estate location, because the business is going out to its patients unlike a storefront.
- As of January 16th, 2019, California’s Office of Administrative Law (OAL) approved the final rules and regulations governing the state’s cannabis industry, one of those rules guarantee legal protection to the state-licensed “non-storefront” delivery companies and their customers in the cannabis banned areas which is particularly good news for those customers who may be homebound or have other limitations that prohibit them from traveling. So now delivery services can deliver to ALL OF CALIFORNIA !!!
Asking Price: $445,000.00
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.
Green Life Business Group, Inc DRE CA LIC# 02061374
Drew Mathews, DRE CA LIC# 02091143
If you have any questions call Drew (619) 653-0483
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.