300 Pendleton Way
Oakland, CA 94621
Building 1 · Property For Lease

Only $990K To The Right Buyer W/ Quick Close!!! Unique opportunity to acquire a HIGH GROSSING Fully Operational Turn-Key Delivery Business in the highly desired Oakland Market. The business is licensed both at the local and state level with all compliant permits and lease in hand. The business is currently operating and servicing Oakland along with San Francisco and the East Bay Area with 24/7 armed guard security on site. This is a great opportunity for someone who is looking to expand their footprint in the Bay Area while also taking advantage of the very nearby major markets or someone who is looking to enter the industry in a fully Turn-Key manner. Cannabis Businesses were labeled as essential businesses back in March of 2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open. California recently announced the “Provisional”, or temporary license, program will sunset June 30, 2022 which means that in order to operate legally you must go through the arduous and time consuming process of getting a full “Annual” license or acquire an already existing state license. Details: Space: 750 Sq Ft Lease Terms: Newly Signed 5 Yr Lease Rent: $3,600/mo Parking Spaces: 3 Wholesale Inventory: $40K Employees: 10 Employees POS System: Blaze Avg Ticket: $100 Customer Database: 20K Monthly Gross Revenue: $270K Vehicles Included: 2 Prius Security Video surveillance system & Alarm system Included 3 heavy duty inventory safes Safe secure location with 24/7 armed guard security on site Licenses: Non-Storefront Retail Delivery: Off-Premises Sales, Direct-To-Consumer. Asking Price: $990,000.00 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 Tom Milks, DRE CA LIC# 02064305 If you have any questions call Tom (619) 972-5952 Email: tom@glbgroupinc.com