Business Overview

The Largest Cannabis Grow in Colorado and the 2nd Largest in the country. Nearly 700 Total Acres with 100 Wet Acres and 80 Acres Fenced and Licensed by the Colorado MED.

This is a beautiful piece of land with plenty of water to continue building the largest outdoor cultivation in Colorado. The property is very close to Alamosa and has onsite buildings for offices, greenhouses and equipment. This Cannabis/Farm Portfolio comes with very strong margins, all new equipment and great employees! The client base is very stable which provides a foundation on which to build an incredible supply of raw and processed products for the state (and the country in the future)!

Also, with the purchase a 1st Right of Refusal can be attached to multiple stores in Colorado.

Details:
– 80 Acres Fenced and MED Licensed Outdoor Cultivation
– 677 Total Acres of Land (Appraised at $8,000,000)
– 30,000 sf greenhouse (Nexus Vail2)
– 30,000 sf processing facility
– 3200 sf Extraction lab
– Separate Butane and Ethanol specific lab space
– Equipment: New Planter & Tractors
– 2700 GPM well sub 100ppm
– 500 KVA of 208v 3 phase
– 1000 KVA of 480v 3 phase

Seller is willing to provide training and support for over a year.

Financial

  • Asking Price: $40,000,000
  • Cash Flow: $15,000,000
  • Gross Revenue: $20,000,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2017

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:3,484,800
  • Lot Size:N/A
  • Total Number of Employees:18
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

- 677 Acres Total/ 100 Acres Wet/ 80 Acres Fenced and Licensed - 30,000 sf greenhouse (Nexus Vail2) - 30,000 sf processing facility - 3200 sf Extraction lab - Separate Butane and Ethanol specific lab space

Is Support & Training Included:

Seller will provide all necessary training and support to the buyers team for a negotiated period (1-2 years)

Purpose For Selling:

Other Business Opportunities / Personal

Pros and Cons:

Built by hard work, smarts and determination this company has what it takes to dominate the Colorado Cannabis market. The size and scale alone make it a force in the market. The large supply that it capable of creating both in raw material and in processes final products enable competing in all segments and markets in Colorado.

Opportunities and Growth:

Growth and Expansion is built into this business with the large scale operations that have been developed. Depending on the operations of the buyer the business delivers strategic advantage to any operator or new entrant to the markets that are served.

Additional Info

The venture was started in 2017, making the business 5 years old.

The business has 18 employees and is located in a building with approx. square footage of 3,484,800 sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons why people choose to sell companies. Nonetheless, the genuine factor vs the one they say to you may be 2 completely different things. As an example, they might state "I have too many other obligations" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these may simply be reasons to try to conceal the reality of transforming demographics, increased competition, recent reduction in revenues, or a variety of other reasons. This is why it is extremely vital that you not count totally on a vendor's word, yet rather, utilize the vendor's answer along with your total due diligence. This will paint an extra sensible image of the business's current scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your offer. Lots of businesses take out loans in order to cover points such as stock, payroll, accounts payable, and so on. Keep in mind that occasionally this can imply that profit margins are too tight. Many businesses come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future commitments to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that should be fulfilled or may result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area bring in brand-new clients? Often times, companies have repeat clients, which develop the core of their day-to-day profits. Particular factors such as brand-new competitors growing up around the location, roadway building and construction, and also staff turnover can influence repeat customers as well as negatively influence future earnings. One essential thing to think about is the area of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Certainly, the more individuals that see the business regularly, the better the chance to construct a returning consumer base. A last idea is the basic location demographics. Is the business placed in a largely inhabited city, or is it situated on the edge of town? Just how might the regional typical household earnings effect future revenue potential?