Highly Profitable Delivery Business for Sale w/ Great SoCal Coverage – 3.5 X Net Multiplier!

$ 1,750,000
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Alex Spornick

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Property Description

Amazing Opportunity to Purchase an Operational Cannabis Delivery Business in Southern California. Having a consistently profitable Net Income, the Business has created a Streamlined Process for their loyal Customers. This is the perfect opportunity for investors to get into the cannabis business and start making money from day one. VALUE ADD: Adult-use licensing is on the horizon in this municipality (currently Medicinal-only) Don’t miss out – this is a RARE opportunity to purchase an operational cannabusiness based on a low Net multiplier.

Real estate is for Lease-only, with an extremely low monthly rate. Purchase Option: TBD. Motivated Seller. With great coverage throughout Southern California, this Established Cannabis Delivery Business has an ideal location to access the best demographics in the State. Delivery coverage includes San Bernardino, Los Angeles, Orange, Riverside, and San Diego Counties.

Business Info

  • Asking Price: $1,750,000
    • Based on a 3.5x multiplier of NET PROFITS!
  • Well-managed expenses with strong net profits.
    • 22% Net Profit
  • Remote-operated business, Manage from anywhere
    • Staff includes Fully-Trained Operations Manager, Fulfillment Manager, Controller and Fleet Manager, SEO & Marketing team

Real Estate Highlights

  • 3,500 SF building, located on a 3-acre parcel
    • Lease Rate: $3,900/month
  • Currently on a new 5-year Lease, with an additional 5-year option
  • Great location and can serve multiple counties
  • NDA required for address and tour
    • Please no contact with current tenants
    • Due diligence documents provided with NDA

Country: United States
Property Id: 32608
Price: $ 1,750,000
Property Status: active