Seller's Contact Information
- RE: Cannabis Transportation License And 1 Van
- Contact: Kristina Wynne
Quick Facts
Asking Price: | $75,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | 1 | |
BBN Listing #: | 494262804 | |
Broker Reference #: | 041621-505543 |
Business Overview:
This is a fast pass into the cannabis industry in the state of Illinois. The current owner of the license has done all the heavy lifting for a new owner to come in and grow the business. Acquiring the Illinois Cannabis Transporter License was a yearlong process that included an extensive application process, a required online course, training program, fingerprinting and background check. Additionally, this opportunity comes with one van, a 2018 Dodge Promaster.
The seller is also taking offers for the cannabis transportation license without the van. Asking price is $65,000.
When the opportunity to own a company in the cannabis industry became available, the current owner diligently attended meetings with groups focused on the cannabis industry to learn how to become a licensed cannabis business in the state of Illinois. Then she determined the company's name, registered the company as an LLC in the state of Illinois, applied for an EIN and established a team of consultants to support with completing several applications required to hold a license to transport cannabis. Additionally, there is a required online course, training program, fingerprinting and background check the current owner completed and passed.
Direct competitors are established dispensaries that have been in the field for years and sell medicinal and recreational cannabis.
There is new legislation being proposed to allow transportation of cannabis across state lines and for cannabis home delivery. Legislation in the state of Illinois was proposed by Dem. House Rep Sonya to remove language from the existing state statute “prohibiting dispensing organizations from transporting cannabis to residences or other locations where purchasers may be for delivery,” while providing “that dispensing organizations may deliver cannabis or cannabis-infused products to purchasers if specified requirements are met.”
The bill was referred to the state House rules committee on February 18, 2022.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
Other business interests.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from
$19,000 NET PROFIT PER MONTH
Over $19,000 NET PROFIT PER MONTH! Clean Books and Records. This established Non-Emergency Medical Transportation company (over 8 years) is located in San Fernando Valley in Los Angeles County. The sale includes 7 vehicles (5 Ford Transits and two E250). The vehicles can transport wheelchair, gurney and ambulatory patients. Medical provider is included in the sale.