Great opportunity to acquire a fully turnkey Cannabis Delivery and Distribution business in one of California’s most strategic markets, Oakland. The business is not operational allowing a new owner to operate under a clean canvas model with no current tax exposure. The licenses and business sit on a 1,600 Sq. Ft. facility that is also zoned for Manufacturing Type 6 extraction adding a greater value. The demand for these types of licenses in the city of Oakland have spiked due to the location’s affordability as well as the ability to service nearby large markets. Larger operators are also looking to target acquisitions at license value as well as a “clean canvas” due to the fact that businesses that are generating revenue require a longer Due Diligence period in order to track previous sales, debts and owed taxes.
This is a great opportunity for someone looking to expand their footprint in the Oakland Area while also taking advantage of the very nearby major markets, a multi-state operator or someone who is looking to enter the industry into a fully turnkey business.
Details:
Space: Total: 1,000 Sq. Ft.
Rent: $6,500 NNN
Lease Terms: 5YR w Option to renew (3% Yearly Increase)
Parking Spaces: 2
Distribution License in Hand
Zoned for Manufacturing Type 6 with current Local Approval
Newly renovated flex-use building
New rooms added
$150K Invested into renovations
Contracted with rental company & staff for delivery vehicles, reducing company liability
New Heaters and carbon filters
Security: Private Gate (App & Remote Operated)
Licenses:
Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer.
Distribution: Distribution of cannabis products from manufacturer to dispensary. Distributors may also transport cannabis goods to and from all cannabis businesses: Manufacturers, Cultivators, Nurseries, Retailers, Distributors.
Asking Price: $100,000.00 (Seller Open to Offers)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Yesenia Jimenez, DRE LIC CA# 02073168
If you have any questions Call Yesenia at (858) 633-3013
Email: asm@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.