Cannabis Delivery Business for Sale

For Sale $1,500,000
Retail
Description

Cannabis Delivery Business $2,500,000

Retail -

Sacramento Established Turn-Key Cannabis Delivery Retail for Sale
1750 Iris Ave, Sacramento, CA 95815

Exclusive Care is a successful cannabis Delivery retailer. The Delivery has been in operation since 2017 and is well known within the community. This authorized and licensed Delivery company is dedicated to ensuring quality service along with operating a sufficient distribution system in place that allows it to distribute cannabis products not only to the residents in their county but the surrounding counties as well.

California is on track to post a record $3.1 billion in licensed cannabis sales this year, solidifying its status as the largest legal marijuana market in the world. Buying cannabis is legal in California, but cities and counties can still choose to regulate or ban the trade as they please. Resulting in residents not having the same legal access to Cannabis Retail outlets as residents in other Cannabis friendlier jurisdictions. However, with the approval of the Office of Administrative Law on Jan. 16 the state of California granted licensed cannabis delivery operations free rein to deliver cannabis products almost anywhere in the State of California, yes even into cities and counties that have banned cannabis facilities. What that means as a Cannabis delivery business is that you can capture the market who do not have a local Dispensary or Delivery business to order from!

2019 Revenue/ Sales (up to 12/11/2019): $2,380,233.02
Gross Income: $347,645.54
Expenses: $213,530.00
NET Income: $134,115.54

Terms and Price all Negotiable.
Details:

Space: 1,425 Sq. Ft. Rent: $4,500/mo.
Lease: Ends in 2025, but Long-term Lease Available.
Building itself has been completely remodeled.
16 employees (10 full time, 6 part time).
Vehicles: 1 Van
Business has state of the art security systems and set cameras in place. Gated and Guarded 24×7.
Wholesale Inventory: $80k
Asking Price: $2,500,000.00

Contact us:
Phone: 415-261-3757
Email: gasstationrealty@gmail.com


Property Features
  • Retail