Listing ID: 82661
Business Overview
*Original 1980 Skunk #1 Strains from humboldt county and currently growing and hasn’t been hybridized
* Clean, Modern, more high end atmosphere.
*Owner has over 50 years experience in growing, and is a traditional naturopathic herbalist.
*Fox Farm Coco Loco Organic soil and Canna food grade nutrients.
* Grandfathered for outdoor grow.
*3 homes for employee housing and or turn in to grow. Multiple out buildings ready to be converted into grow and plots for outdoor grow
*Dispensary, grow cultivation operation.
Financial
- Asking Price: $5,000,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2021
Detailed Information
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:1,820
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
Owner willing Train
Additional Info
The business was established in 2021, making the business 1 years old.
The company has 3 employees and resides in a building with approx. square footage of 1,820 sq ft.
Why is the Current Owner Selling The Business?
There are all types of reasons why people choose to sell operating businesses. Nonetheless, the true reason vs the one they say to you might be 2 totally different things. As an example, they might claim "I have way too many various obligations" or "I am retiring". For many sellers, these reasons stand. But, for some, these may just be reasons to attempt to hide the reality of changing demographics, increased competitors, recent reduction in profits, or an array of other reasons. This is why it is really vital that you not depend entirely on a vendor's word, but rather, utilize the seller's solution combined with your overall due diligence. This will paint a more sensible picture of the business's present situation.
Existing Debts and Future Obligations
If the current entity is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Many businesses borrow money with the purpose of covering things like inventory, payroll, accounts payable, etc. Bear in mind that in some cases this can suggest that earnings margins are too tight. Many businesses fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that have to be met or may result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the location bring in brand-new customers? Many times, companies have repeat clients, which develop the core of their day-to-day profits. Certain elements such as brand-new competitors sprouting up around the area, road construction, and also personnel turnover can impact repeat clients and also negatively influence future incomes. One crucial 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 higher the chance to construct a returning consumer base. A final thought is the basic area demographics. Is the business situated in a densely inhabited city, or is it situated on the outside border of town? How might the local typical home income influence future earnings potential?
