Listing ID: 73152
***Inquiries/Showings by appointment only. Businesses are operational and you will be asked to leave if inquiring about the sale in person without making an appointment through the agent.****
Whether you’re getting into Oklahoma’s MM industry for the first time or vertically integrating with your existing cultivation, you can’t pass on this branded pair of dispensaries. With extraordinary sales, prime locations in Yukon and Mustang, and a loyal customer base The Loud Flower Dispensaries won’t be on the market long! The Yukon location is 1 of 3 inside city limits and further dispensaries have been limited with city location ordinances which means your competition is minimal!
Both locations carry accessories in the reception room as well as medical marijuana in the dispensary room creating the opportunity to cater to MMJ cardholders and non-cardholders.
Both locations have ample square footage and room for retail expansion, lounges, etc.
Inventory is estimated at $50,000 between both locations and is included in the sale.
FF&E is estimated at $50,000 between both locations and is included in the sale.
2,925 SF Cultivation Facility includes 2 flower rooms, veg, and dry room. Estimated FF&E $245,000
This is an exclusive listing by Chris Johnson Enterprises, LLC.
- Asking Price: $595,000
- Cash Flow: N/A
- Gross Revenue: $1,200,000
- EBITDA: N/A
- FF&E: $285,000
- Inventory: $50,000
- Inventory Included: Yes
- Established: 2019
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:7
- Furniture, Fixtures and Equipment:N/A
Yukon Facility: 2,324 sq ft Lease expires: September 2026 Mustang Facility: 2,925 sq ft Lease expires: June 2025 Oklahoma City Cultivation Facility: 2,925 sq ft Lease expires June 2025
Support provided for 2 weeks.
Other business ventures.
The business was started in 2019, making the business 3 years old.
The deal shall include inventory valued at $50,000, which is included in the asking price.
The business has 7 employees and resides in a building with approx. square footage of N/A sq ft.
The building is leased by the company for $0.00
Why is the Current Owner Selling The Business?
There are all types of reasons why people resolve to sell companies. Nevertheless, the real reason vs the one they say to you might be 2 absolutely different things. For instance, they may claim "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these might simply be reasons to try to hide the reality of transforming demographics, increased competition, current reduction in revenues, or a variety of other reasons. This is why it is extremely vital that you not count absolutely on a vendor's word, yet rather, make use of the vendor's answer in conjunction with your total due diligence. This will repaint a more sensible picture of the business's current situation.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Numerous companies take out loans in order to cover points such as stock, payroll, accounts payable, so on and so forth. Remember that sometimes this can indicate that profit margins are too small. Many organisations come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with suppliers that should be fulfilled or may cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the location attract brand-new customers? Many times, operating businesses have repeat customers, which develop the core of their day-to-day earnings. Particular factors such as new competitors growing up around the location, roadway construction, as well as staff turnover can affect repeat customers and also adversely influence future profits. One important thing to think about is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Clearly, the more people that see the business on a regular basis, the greater the opportunity to develop a returning consumer base. A last thought is the general location demographics. Is the business situated in a densely inhabited city, or is it located on the outside border of town? How might the neighborhood median household income effect future earnings prospects?