Business Overview

Here are the highlights:

• 144-acre site in Moffat, CO
• Brand new, state of the art equipment
• Everything needed is included; all growing and processing equipment
• Retail Cultivation Facility – Tier 1 license
• Highest quality construction greenhouse with polycarbonate roof and four bays
• Warehouse with two drying rooms, processing site, vault, storage, utility room, offices and restrooms
• 7’ chain link fence with barbed wire
• Modular home on site
• Currently houses over 1,000 plants

This is a unique opportunity to acquire a large scale, turnkey, cultivation, and process business. The cannabis cultivation market size is over $120B and growing at nearly 15% per year. Why start your own when you can get one ready to go? The work has been done for you and you will realize cash flow immediately. You won’t find a better or higher quality facility anywhere. This industry is recession-proof, unaffected by the stock market and global pandemic-proof.

For additional information, contact Jeff Child at (720) 515-5118 or jchild@vrmilehigh.com

Financial

  • Asking Price: $4,500,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals choose to sell companies. However, the genuine reason vs the one they tell you may be 2 absolutely different things. As an example, they may state "I have too many various commitments" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these might just be justifications to attempt to conceal the reality of altering demographics, increased competition, recent reduction in profits, or a variety of other factors. This is why it is extremely crucial that you not count totally on a vendor's word, but instead, utilize the vendor's response combined with your overall due diligence. This will paint a much more sensible image of the business's existing circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which many companies are, then you will need to consider this when valuating/preparing your deal. Many operating businesses finance loans with the purpose of covering points such as supplies, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can imply that profit margins are too tight. Many companies fall into 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 think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that should be met or might result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location attract new consumers? Often times, operating businesses have repeat consumers, which form the core of their everyday revenues. Particular variables such as new competitors sprouting up around the area, roadway building and construction, and also personnel turnover can affect repeat customers and negatively impact future earnings. One important thing to take into consideration is the location 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 often, the higher the opportunity to build a returning consumer base. A last idea is the basic location demographics. Is the business placed in a densely populated city, or is it located on the outside border of town? How might the neighborhood average household income effect future earnings potential?