Asking Price: $880,000 Gross Revenue: $2,000,000Cash Flow: $850,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $150,000 included in asking priceFF&E: Not Disclosed Real Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This delivery service was formed in 2015 and is going through the license application process in Oakland. This delivery services the East Bay Area along with neighboring cities. The delivery service is grossing 2 million a year with a yearly net of $850,000. Included in the sale is $150,000 in wholesale inventory that comes with the business along with $5,000 in fixtures. With an average ticket number of $177 this delivery exceeds the industries average being $70-$75 per call. The current owner is willing to train for 21 days to ensure the new owner thoroughly understands the business, and that includes access to exclusive vendor pricing that is superior to the industry standard along with 8 experienced employees. This is hands-down the best value for your money if you want to move into an established company generating nearly 7 figures with excellent margins. Do not let this opportunity pass you by.
How to enhance and Grow this Business-
This business has huge opportunities for growing into other cities, they currently don’t have a heavy social media presence in place. They could advertise on effective marketing outlets that they currently aren’t on to enhance the business.If you are brand new to the cannabis industry and looking to get into the marijuana industry but want the lowest risk, easiest way to learn about the industry while still making a Great ROI then don’t look any other cannabis opportunity other than a delivery service. Owning a cannabis delivery service is almost the same as running a dispensary storefront but with much less overhead and way less headache and not have to worry about getting shut down.
You must sign an NDA/Waiver and have proof of financials before any other detailed information is released
Contact Noe Jimenez at 619-451-4222 for further information
Asking Price: $880,000
This entity is a Non-Profit Mutual Benefit Opportunity
East Bay’s Highest End Cannabis Medical Mobile Delivery Service
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.