Listing ID : 425536
Posted on December 8, 2023 22
This is an excellent opportunity for someone looking to acquire an established MicroBusiness Delivery, Manufacturing, and Distribution business in Oakland, CA (Pop +433k)! The licenses are held in a very secure 2,030 SqFt facility, the lot is about 8k SqFt and the building is fenced off (over 15ft fence) providing a safe and secure working area. Currently the owner has a provisional license from the state, and in order to obtain the Annual license, the new owner would have to install a new ADA bathroom to be built inside the parking lot area. In 2022, the business generated $1.6M in gross revenues and is on pace to do the same this year.
The business is located in one of the most secure buildings in Oakland with high end 24/7 security, and cameras in place providing added security and safety. Cannabis MicroBusinesses are in high demand due to three different license types and uses all under one roof that help generate multiple streams of income. 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.
Space: 2,030 SqFt
Lot Size: 8k SqFt
2022 Gross: $1.6M
2023 Gross: On Pace to do $1.6M
Gated Facility, Tall Fenced in Area, Very Secure
Provisional State License
Dispensary Storefront: Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance.
Retailer Non-Storefront License- Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.
Manufacturing- Make cannabis products through infusion
Distribution– Distribution of medical cannabis and medical cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where product is stored for the purposes of distribution.
Asking Price: $640,000.00 (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
Eric Espinoza, DRE LIC CA# 02077927
If you have any questions Call Eric at (858) 245-6324
Or Email: firstname.lastname@example.org
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
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