Business Overview

The value resides in the real estate and its potential. This 32 acre farm features a beautiful 600 square foot 1 bed, 1 bath home. Additionally, the property features a 2800 square foot indoor grow facility. The grow is all set up and ready for the right person to come in and start cultivating the crop that has everyone in the state of Oklahoma excited. Outdoor 7 acre area has been cleared and the Seller is ready to start the outdoor grow. 400 indoor clones to be started May 25th, 2021. This grow is set up for hydroponics. Buckets, watering, lights, insulation, de-humidifiers, A/C’s, mini-splits, etc. are all ready to go! Don’t miss this exciting and beautiful opportunity to make a splash in the medical marijuana market.

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: $399,000
  • Cash Flow: N/A
  • Gross Revenue: $100
  • EBITDA: N/A
  • FF&E: $75,000
  • Inventory: $50,000
  • Inventory Included: Yes
  • Established: 2020

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:2,800
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

2800 square foot fully insulated indoor grow facility. Outdoor will be planted on the open 7 acres. 600 square foot home included in the asking price. (Home Based)

Is Support & Training Included:

Seller will stay on thru the 1st harvest

Purpose For Selling:

Re-locating

Pros and Cons:

The Oklahoma MMJ market is hot right now and the need for quality grow operations is growing.

Opportunities and Growth:

The opportunity to grow and expand are astronomical.

Home Based:

This Business Is Home Based

Additional Info

The venture was founded in 2020, making the business 2 years old.
The sale does include inventory valued at $50,000, which is included in the listing price.

The business has 0 employees and resides in a building with approx. square footage of 2,800 sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell operating businesses. Nevertheless, the real reason vs the one they tell you might be 2 completely different things. For instance, they might state "I have too many other obligations" or "I am retiring". For lots of sellers, these factors stand. However, for some, these may simply be excuses to attempt to hide the reality of altering demographics, increased competition, recent decrease in incomes, or an array of other reasons. This is why it is very essential that you not depend completely on a vendor's word, yet instead, use the vendor's answer along with your general due diligence. This will repaint a much more reasonable picture of the business's current situation.

Existing Debts and Future Obligations

If the current business is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your deal. Numerous companies finance loans with the purpose of covering items such as stock, payroll, accounts payable, and so on. Keep in mind that in some cases this can imply that profit margins are too thin. Many organisations come 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 consider. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that should be met or might result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location draw in new consumers? Often times, businesses have repeat customers, which create the core of their day-to-day earnings. Particular elements such as new competition growing up around the location, roadway construction, and employee turnover can impact repeat clients and also adversely affect future revenues. One essential point to consider is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Clearly, the more individuals that see the business on a regular basis, the greater the chance to build a returning consumer base. A final idea is the basic area demographics. Is the business located in a largely inhabited city, or is it situated on the outside border of town? Just how might the regional mean house earnings effect future income prospects?