Business Overview

This business manufactures, distributes and has retail sales of cannabis consumption products. Available for sale is 5 different entities which own design patents for unique cannabis consumption products, 2 tobacco and pipe retail stores, a manufacturing/distribution business, and a payroll entity.

The business has grown over 20% YoY from 2019 to 2020 and is continuing to grow through 2021!

Also available are 3 real estate properties owned by the business.

Available Real Estate
20,922 sqft – $2,200,000
7,200 sqft – $1,010,000
1,447 sqft – $225,000

Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country – listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!

Financial

  • Asking Price: $1,099,730
  • Cash Flow: $464,781
  • Gross Revenue: $3,218,142
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $1,701,290
  • Inventory Included: N/A
  • Established: 2005

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:29,569
  • Lot Size:N/A
  • Total Number of Employees:19
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

29,569 SF of warehouse and retail locations

Purpose For Selling:

Pursue Other Interests

Additional Info

The company was established in 2005, making the business 17 years old.
The sale won't include inventory valued at $1,701,290*, which ins't included in the requested price.

The company has 19 employees and is situated in a building with disclosed square footage of 29,569 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals decide to sell companies. Nevertheless, the true factor vs the one they say to you may be 2 absolutely different things. As an example, they might state "I have too many various responsibilities" or "I am retiring". For lots of sellers, these reasons are valid. But also, for some, these might just be justifications to try to conceal the reality of transforming demographics, increased competition, current reduction in earnings, or an array of various other factors. This is why it is very essential that you not count absolutely on a seller's word, but instead, make use of the seller's answer combined with your total due diligence. This will repaint a more realistic image of the business's existing scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your offer. Lots of businesses finance loans with the purpose of covering points like stock, payroll, accounts payable, etc. Keep in mind that sometimes this can indicate that earnings margins are too thin. Numerous companies 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 obligations 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 fulfilled or might cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location bring in brand-new consumers? Most times, businesses have repeat clients, which form the core of their day-to-day revenues. Certain variables such as brand-new competition sprouting up around the area, roadway building, as well as staff turnover can affect repeat consumers and also adversely influence future earnings. One essential thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Certainly, the more people that see the business regularly, the greater the opportunity to develop a returning client base. A last idea is the general area demographics. Is the business placed in a densely populated city, or is it situated on the outskirts of town? Just how might the regional typical family earnings influence future earnings potential?