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- RE: Cannabis Manufacturing & Distribution Brand
- Contact: Ryan Clark
Quick Facts
Asking Price: | $6,950,000 | |
Annual Revenue: | $12,800,000 | |
Net Profit: | $185,000 | |
Cash Flow: | $225,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $689,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | Not Disclosed | |
BBN Listing #: | 949997 | |
Broker Reference #: | CANIBRAND |
Business Overview:
This cannabis company is a leading provider known for its commitment to quality and innovation in the industry. The brand offers a diverse range of products, including premium flower, pre-rolls, vape, edibles, syrups and concentrates, all crafted with meticulous attention to detail and using sustainable practices. The company has established a strong market presence through its dedication to customer satisfaction, rigorous quality control, and a mission to provide safe, reliable, and enjoyable cannabis experiences.
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Property Features and Assets:
This 18k square foot location leases for $17,100 per month (at $0.95/per square foot), on a secure lease that ends in 2024 with one 5-year option.All of the company’s furniture, fixtures, equipment, goodwill and manufacturing and distribution license are included in this sale.
Market Competition and Expansion:
This is a highly competition marketplace given the extraordinary growth the California marketplace has experienced. Remaining on top of the market is not only a function of possessing superior product, but perhaps more important, a solid marketing team. Regulatory challenges include access to banking and credit facilities, while continued research and development investment is necessary to remain ahead.
Reason for Selling:
PersonalAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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