Listing ID: 79525
Outstanding opportunity to take the reins on this fully staffed and well run Medical MJ Dr. Office. They are dedicated to evaluating, certifying, and treating conditions that qualify for the use of cannabis treatment under Florida’s Amendment 2.
Their goal is to inform and educate patients on alternative natural treatments for a variety of conditions that can be treated with medical marijuana. The staff is passionate about the benefits of medical cannabis and have been educated on the efficacy of cannabis for medicinal use. Patient care and the medical efficacy of cannabis treatment is the foundation of the organization. Improved patient quality of life is our ultimate goal.
****Important**** All buyers must complete either the attached NDA or request an electronic one. Buyers who complete the the buyer’s profile and financial statement will receive priority. We sell 100’s of businesses and want to make the best fit for both buyers and sellers. No information including location, financials, name of business will be released without, at minimum, a signed NDA.
- Asking Price: $469,000
- Cash Flow: $210,000
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: $10,000
- Inventory: $1,000
- Inventory Included: Yes
- Established: 2017
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,065
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
Plenty of parking in busy medical plaza off major thoroughfare. Several treatment rooms along with full office, retail area, records storage and nicely appointed for patients comfort and efficiency for Dr.use.
Seller will stay on for 2-3 weeks for smooth transition to new ownership.
Will discuss in person with qualified cash buyer.
This industry in competitive. Keeping up with the lastest legal and product information along with aggressive marketing will assist on more customers.
Add miore Drs, additional hours and service offerings. Increase retail of related products such as CBD.
The company was established in 2017, making the business 5 years old.
The deal will include inventory valued at $1,000, which is included in the listing price.
The business has 3 employees and is located in a building with disclosed square footage of 1,065 sq ft.
The property is leased by the company for $1,577 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals resolve to sell operating businesses. Nevertheless, the genuine reason and the one they say to you might be 2 absolutely different things. For instance, they may state "I have way too many other responsibilities" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these might simply be reasons to attempt to conceal the reality of altering demographics, increased competitors, recent decrease in incomes, or a range of other reasons. This is why it is very vital that you not count entirely on a vendor's word, yet rather, utilize the vendor's response along with your total due diligence. This will paint a more reasonable picture of the business's present circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous companies borrow money with the purpose of covering items such as supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can suggest that profit margins are too thin. Many businesses fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future commitments to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with suppliers that need to be fulfilled or might lead to fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location attract brand-new clients? Often times, businesses have repeat consumers, which form the core of their everyday earnings. Specific variables such as brand-new competitors sprouting up around the location, roadway building, and also staff turnover can influence repeat customers and also negatively influence future earnings. One important thing to think about is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Certainly, the more individuals that see the business on a regular basis, the better the chance to construct a returning customer base. A last idea is the general location demographics. Is the business placed in a largely populated city, or is it situated on the outside border of town? Just how might the regional typical house income effect future income prospects?