Listing ID: 73039
The value resides in the real estate and its potential. Beautiful and immaculate 20 acres MOL located in central Cleveland County. Property includes 3 bedroom 2 bath mobile home. The property is shielded from the outside world with 10 foot metal fencing. Grow operation consists of 5 buildings (custom green houses). Expert cultivar on site and running the operation daily. The grow is producing 150 plants every week! This is a truly perpetual grow! Set up for the new owner to step in and start dominating the OK MMJ industry! Located in the heart of the state for easy access to all major thoroughfares.
High Sunshine Farms is a locally owned and operated medical marijuana farm here in the great state of Oklahoma. We here at High Sunshine Farms are strong believers in growing the best medicinal marijuana to provide for patients. We operate on 20 acres that include three greenhouses which continues to expand. Our plants are cared for with nutrients and we do not use pesticides on our plants. We use beneficial insects for pest control. Our Head Cultivator on the farm ensures that the best nutrients for the plants are used during each stage of growth. High Sunshine Farms also operates with geothermal technology to offer natural benefits as well as reducing costs.
We here at High Sunshine Farms recognize the importance of knowing where your medicine comes from and utilize state-of-the-art software to label each plant with a unique barcode that allows us to track our plants throughout each stage of growth. Our original genetics were handpicked for their unique properties in order to cultivate the best plants to become mothers. From these mother plants, we create clones in order to keep the authenticity of the strain. A Certificate of Analysis is provided with each strain to show the results of a full panel test. These COA’s express the test results for potency and terpene profiles, while also conveying the results of microbial, pesticides, or heavy metals to ensure their quality.
High Sunshine Farms also has close ties with the processing facility, Red River Labs. This processing facility gives us the ability to create a variety of products to better assist with the patient’s needs. We have the ability to develop products from tinctures and topicals to an assortment of concentrates. With these options, we also have the capability to produce a blend of CBD and THC products or even THC free products.
High Sunshine Farms prides itself on creating the very best products with a variety of options in order to best suit the patient’s needs. Our Mission is to ensure the manufacturing of natural, high-quality products that revolve around the needs of the patients.
This is an Exclusively Right to Sell Listing by THE BRAVE HEELER ACQUISITION GROUP
- Asking Price: $750,000
- Cash Flow: $1,200,000
- Gross Revenue: $2,400,000
- EBITDA: $2,000,000
- FF&E: $250,000
- Inventory: $100,000
- Inventory Included: Yes
- Established: 2019
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:20,000
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
20 acres MOL with 5 grow houses. All expertly installed and operational. Small 3 bed, 2 bath home on location. (Home Based)
Cultivar will train through 1 grow cycle.
Moving into different industry
Room for expansion. If you really want to make a statement in the MMJ industry in Oklahoma, this is your chance.
Open 15 acres! All the power, water and expandability is at your fingertips!
This Business Is Home Based
The business was started in 2019, making the business 3 years old.
The transaction does include inventory valued at $100,000, which is included in the suggested price.
The business has 2 employees and resides in a building with disclosed square footage of 20,000 sq ft.
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals decide to sell businesses. Nevertheless, the true factor vs the one they tell you may be 2 absolutely different things. As an example, they might claim "I have way too many various responsibilities" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these may just be justifications to attempt to conceal the reality of changing demographics, increased competition, current reduction in earnings, or an array of various other reasons. This is why it is extremely essential that you not depend absolutely on a seller's word, but rather, use the vendor's answer along with your total due diligence. This will paint a much more practical picture of the business's current circumstance.
Existing Debts and Future Obligations
If the current entity is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous operating businesses finance loans in order to cover things such as supplies, payroll, accounts payable, etc. Keep in mind that occasionally this can imply that profit margins are too tight. Numerous businesses fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with vendors that should be satisfied or might lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area bring in new customers? Many times, businesses have repeat clients, which create the core of their day-to-day earnings. Certain aspects such as new competition sprouting up around the area, roadway building and construction, and also employee turn over can impact repeat consumers as well as adversely impact future earnings. One crucial thing to think about is the location of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Certainly, the more individuals that see the business often, the higher the opportunity to build a returning consumer base. A last thought is the general location demographics. Is the business located in a densely inhabited city, or is it located on the outskirts of town? How might the neighborhood typical family earnings effect future revenue potential?