Business Overview

This Historic building in the heart of wonderful Newkirk offers a grow area of over 5000 square feet in a 7500 square foot space. The building is almost 10,000 sq ft! Fully turn-key operation just minutes from the Kansas border. The building offers a retail space in the front of the building on Main Street. Did someone say DISPENSARY? Not only is this business for sale but the building is for sale also! Medical Marijuana Grow with Processing License. This OMMA compliant facility is located minutes from the Kansas state line. Great opportunity to open a Dispensary on the front of this location. The owners have researched and constructed this operation using top of the line materials and equipment. All equipment and inventory stays with the business. The owners will allow you to work under their license while you get yours! Truly TURN KEY. There is an additional 7500 sq ft of space available connected to the grow! See OKCMLS # 978419

Must sign an NDA and provide POF before any other detailed information is disseminated along with the company’s location.

THIS IS AN EXCLUSIVE RIGHT TO SELL LISTING BY The Brave Heeler Acquisition Group

Financial

  • Asking Price: $349,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: $25,000
  • Inventory: $25,000
  • Inventory Included: Yes
  • Established: 2019

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:7,500
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Turn Key Operation in 7500 square feet, lights, plumbing, de-hu's, AC's, nutrients, etc.

Is Support & Training Included:

30 days or how ever long the buyer needs to understand the process.

Purpose For Selling:

New Direction

Pros and Cons:

#1 grower in Kay County

Opportunities and Growth:

Fantastic location and the building next door is also available for purchase.

Additional Info

The company was started in 2019, making the business 3 years old.
The deal will include inventory valued at $25,000, which is included in the suggested price.

The company has 4 employees and resides in a building with approx. square footage of 7,500 sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell companies. Nonetheless, the genuine factor and the one they tell you might be 2 totally different things. As an example, they might claim "I have a lot of other commitments" or "I am retiring". For many sellers, these factors stand. However, for some, these may simply be justifications to attempt to hide the reality of changing demographics, increased competition, current reduction in profits, or a range of other reasons. This is why it is extremely crucial that you not depend totally on a vendor's word, however rather, use the seller's solution in conjunction with your general due diligence. This will repaint a much more reasonable picture of the business's current circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Many companies finance loans so as to cover things such as supplies, payroll, accounts payable, etc. Keep in mind that in some cases this can suggest that revenue margins are too thin. Numerous businesses fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future commitments to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that have to be satisfied or might result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location attract new consumers? Most times, businesses have repeat clients, which develop the core of their daily earnings. Certain variables such as new competition sprouting up around the area, road building, and also employee turnover can affect repeat customers and also adversely affect future revenues. One crucial thing 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? Certainly, the more individuals that see the business regularly, the better the opportunity to develop a returning customer base. A final idea is the basic area demographics. Is the business located in a largely inhabited city, or is it situated on the edge of town? Exactly how might the local average household earnings influence future revenue prospects?