Operational Delivery Business For Sale – CALL FOR OFFERS!

$ 5,900,000
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Price Reduction

Alex Spornick

Email:[email protected]

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Property Description

Submit Your Highest and Best
Deadline is July 31, 2021
All Offers Will Be Considered
Asking Price Reduced To $5,900,000
Upon receipt of an executed NDA and POF, potential buyers may enter the data room for exclusive information.

RARE and exciting opportunity to purchase a well-established and operational medicinal cannabis delivery, with GREAT coverage in Southern California! PROFITABLE NET INCOME. With nearly $5 million in annual sales, their reputation and footprint continues to grow. Local Municipality is reviewing Adult-Use options. If/when an updated cannabis ordinance is approved, all existing operators will be able to add Adult-Use.

The Business has created a streamlined process for their customers in providing excellent Customer Service, Fulfillment and Delivery. Delivery coverage includes most of Southern California.

Business Details:
  • Fully staffed and includes SEO and Marketing team
  • Well managed expenses, Very low overhead
  • Seller is completely hands-off on daily operations (Ghost Operator)
  • Staff includes fully-trained operations manager, fulfillment manager, controller, and fleet manager
  • Live security camera feed from store-to-home
  • Operator has built-in redundancy with remote capabilities in the event of a power outage
  • On-site server with HIPAA Compliant POS system hosted at SSAE 16 Type II Certified data center

Property Highlights:

  • Two buildings, located on a 3-acre parcel
    • Building A: 3,500 SF
    • Building B: 1,500 SF (storage, across the street)
  • Currently on a new 5-year Lease, with an additional 5- year option
  • Lease Rate: $5,000/month
  • Great location and can serve multiple counties

► NDA required for address and tour
► Please no contact with current tenants
► Detailed financial information provided after a non-binding offer is received

Country: United States
Property Id: 31822
Price: $ 5,900,000
Property Status: active