Listing ID: 81206

Business Overview

This operation has recently been enhanced with LED lighting, boosting production by 20-30%.
Owners are fully engaged in another state with a variety of operations and wish to divest their Nevada holdings to focus elsewhere.
Contact JC or Buck after reviewing of the brochure.
an NDA will be required to have any meaningful discussion and proof of funds may be required for complete details.

Financial

  • Asking Price: $7,000,000
  • Cash Flow: $5,000,000
  • Gross Revenue: $5,000,000
  • EBITDA: $1,600,000
  • FF&E: $320,057
  • Inventory: $500,000
  • Inventory Included: Yes
  • Established: 2018

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:6,000
  • Lot Size:N/A
  • Total Number of Employees:10
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

A complete Marijuana grow facility, see brochure

Is Support & Training Included:

30 days

Purpose For Selling:

Seller is busy in another state

Additional Info

The business was started in 2018, making the business 4 years old.
The deal will include inventory valued at $500,000, which is included in the listing price.

The business has 10 employees and resides in a building with estimated square footage of 6,000 sq ft.
The real estate is leased by the company for $12,141 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons people choose to sell operating businesses. However, the genuine reason vs the one they tell you may be 2 completely different things. As an example, they might state "I have a lot of various obligations" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these might simply be justifications to attempt to hide the reality of transforming demographics, increased competitors, recent decrease in profits, or a range of other reasons. This is why it is very important that you not depend totally on a seller's word, but rather, use the seller's solution along with your general due diligence. This will repaint an extra reasonable image of the business's present scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your offer. Numerous businesses borrow money so as to cover things such as inventory, payroll, accounts payable, and so on. Bear in mind that occasionally this can indicate that earnings margins are too small. Lots of businesses fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future obligations to consider. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that need to be satisfied or might result in charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location draw in new consumers? Many times, operating businesses have repeat customers, which form the core of their day-to-day earnings. Specific aspects such as brand-new competitors sprouting up around the area, roadway building and construction, as well as personnel turn over can impact repeat consumers and adversely impact future incomes. One crucial thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Certainly, the more people that see the business often, the better the opportunity to construct a returning consumer base. A last idea is the basic area demographics. Is the business placed in a densely populated city, or is it located on the edge of town? Exactly how might the local average home income influence future earnings prospects?