Listing ID: 73180
This dispensary in one of Oklahoma’s great small cities dominates the marijuana trade. This dispensary makes over $100k per month in profits and has nowhere to go but up. Located on the busiest street in one of Oklahoma’s biggest marijuana markets, this professionally organized dispensary could form the foundation of your cannabis empire. Qualified buyers only.
Oklahoma’s maturing cannabis marketplace will lead to small store losers and big store winners. This business could double in two years as the consolidation accelerates.
- Asking Price: $3,490,000
- Cash Flow: $1,500,000
- Gross Revenue: $5,200,000
- EBITDA: N/A
- FF&E: $20,000
- Inventory: $150,000
- Inventory Included: Yes
- Established: N/A
other business interest
The transaction shall include inventory valued at $150,000, which is included in the suggested price.
Why is the Current Owner Selling The Business?
There are all types of reasons people choose to sell businesses. However, the true factor and the one they tell you may be 2 absolutely different things. For instance, they might claim "I have a lot of various responsibilities" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these may simply be justifications to attempt to conceal the reality of altering demographics, increased competition, recent decrease in profits, or a variety of other reasons. This is why it is really essential that you not count completely on a seller's word, but instead, make use of the seller's solution along with your general due diligence. This will repaint a more realistic image of the business's present situation.
Existing Debts and Future Obligations
If the current entity is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of businesses borrow money in order to cover items like stock, payroll, accounts payable, and so on. Remember that sometimes this can suggest that earnings margins are too thin. Lots of companies fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that need to be satisfied or might cause charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area bring in brand-new customers? Most times, companies have repeat clients, which form the core of their everyday earnings. Certain factors such as new competition growing up around the location, roadway construction, as well as personnel turn over can influence repeat customers as well as adversely influence future profits. One vital thing to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Certainly, the more individuals that see the business on a regular basis, the higher the possibility to build a returning client base. A final thought is the general area demographics. Is the business situated in a densely populated city, or is it located on the edge of town? Just how might the local median household earnings impact future income prospects?