Business Overview

HIGHLY PROFITABLE BUSINESS FOR SALE!!! This ESTABLISHED Medical Grow and Dispensary sits just north of WINSTAR WORLD CASINO in Southern Oklahoma, Built in 2019, Closed Cell Foam Insulation, Insulated Roll Up Doors, City Water. out of the city limits. FINANCING AND LICENSE AVAILABLE.

Financial

  • Asking Price: $1,250,000
  • Cash Flow: $650,000
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2019

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:5,000
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Sits on Main Hwy

Is Support & Training Included:

Seller with stay on thru harvest

Additional Info

The business was founded in 2019, making the business 3 years old.

The company has 2 employees and resides in a building with disclosed square footage of 5,000 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people choose to sell operating businesses. Nevertheless, the true factor vs the one they tell you might be 2 absolutely different things. As an example, they may say "I have way too many other responsibilities" or "I am retiring". For numerous sellers, these factors are valid. But, for some, these may just be justifications to try to conceal the reality of changing demographics, increased competitors, current decrease in profits, or an array of other factors. This is why it is really vital that you not depend absolutely on a seller's word, but instead, utilize the vendor's response in conjunction with your general due diligence. This will paint a much more sensible image of the business's current situation.

Existing Debts and Future Obligations

If the current business is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your deal. Many operating businesses finance loans so as to cover things such as inventory, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can suggest that profit margins are too tight. Many businesses come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future commitments to consider. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that need to be fulfilled or may result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location draw in new clients? Often times, businesses have repeat consumers, which develop the core of their daily profits. Certain aspects such as brand-new competitors sprouting up around the location, road building and construction, and personnel turnover can influence repeat consumers as well as negatively influence future profits. One crucial thing to consider is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Clearly, the more people that see the business regularly, the greater the possibility to develop a returning consumer base. A last idea is the basic area demographics. Is the business placed in a largely inhabited city, or is it located on the outside border of town? Just how might the neighborhood average home earnings impact future income prospects?