Business Overview

Take a look at this incredible opportunity to get into the cannabis business in Oklahoma, or expand your current operation. This business has great cashflow and pristine facilities. Some of the biggest challenges with indoor grows are power and water. There are enormous wells that supply all the water necessary for high output production. This site also has a switchboard meant for a neighborhood development, so there is plenty of electricity to power the lights, A/C, and any future expansion on the site. On that note, is there room to grow? Yes, tons. The property has been professionally engineered, allowing for easy expansion across the multiple acres.

Could this deal get any better? Absolutely. The seller is willing to finance a portion of the deal! Not only that, but he can deliver the business with product on hand, ready to go, to ensure the business will be cash flowing month one. He will also help with the transition, of course. This can be a complicated business when it comes to regulations, so the owner will help maintain the spotless record with compliance.

There is a ton of opportunity to be had. If you are an investor looking to get into medical marijuana, or an existing business looking to improve your footprint and integrate a state-of-the-art facility, please inquire.

Financial

  • Asking Price: $11,520,000
  • Cash Flow: $2,431,706
  • Gross Revenue: $3,283,669
  • EBITDA: N/A
  • FF&E: $2,086,885
  • Inventory: $197,162
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:17
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes, 24 weeks.

Purpose For Selling:

Other Business Opportunities.

Additional Info

The sale shall not include inventory valued at $197,162*, which ins't included in the requested price.

The company has 17 employees and resides in a building with approx. square footage of N/A sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals decide to sell businesses. However, the true reason vs the one they tell you may be 2 entirely different things. As an example, they may state "I have a lot of other obligations" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these may simply be justifications to try to hide the reality of changing demographics, increased competitors, current reduction in profits, or an array of various other reasons. This is why it is really important that you not count absolutely on a seller's word, yet rather, utilize the seller's response along with your total due diligence. This will paint a more realistic image of the business's current circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your deal. Lots of businesses finance loans in order to cover points such as supplies, payroll, accounts payable, so on and so forth. Remember that occasionally this can suggest that revenue margins are too small. Many organisations fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that should be fulfilled or may lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location draw in brand-new customers? Most times, businesses have repeat customers, which form the core of their everyday profits. Particular aspects such as new competitors sprouting up around the area, roadway building, and personnel turnover can affect repeat consumers and adversely influence future revenues. One essential point to think about is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business regularly, the greater the opportunity to build a returning customer base. A last thought is the general location demographics. Is the business located in a largely inhabited city, or is it located on the outside border of town? Just how might the regional median household income effect future revenue potential?