Asking Price: $1,200,000 Gross Revenue: $6,000,000Cash Flow: $1,250,000EBITDA: $1,250,000Inventory: $20,000 not included in asking priceFF&E: $375,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Existing cannabis concentrate product, licensed by the State of California for resale to both medicinal and recreational cannabis consumers.
The line of various THC-containing oil cartridges and pods went live into retail sales in 2018, and has been exceptionally well received by the consuming public. Demand is beginning to outstrip management’s ability to meet it without the infusion of additional production and working capital.
Products are currently sold in several retail dispensaries in Southern California, and are distributed by separately licensed organization that has placed limits on new accounts due to supply availability.
The business is primed for expansion of production, marketing, sales and distribution all with multiple branded product lines. $400k of the asking price is attributed to license value, and the rest is for FF&E and expansion costs.
Seasoned management team to stay on. Existing product specs will be met or exceeded by bringing production in-house. Other advantages include production planning control, vertical margin addition and operational cost offset achievement with the addition of bulk sale and third-party contractor sales.
New facility build-out estimate: 5-6 months
About the Business
Cathedral City, California
Number of Employees:
Building Sq. Ft.:
$27,500.00 Per Month
Up to 10,000 s.f. available for dedicated and licensed cannabis concentrate manufacturing, and assemble of end-user cartridge products
Competition is limited but increasing as new entrants join the industry and markets. However, barriers to entry are high, and time consuming to navigate license paperwork and approval processes.
Growth & Expansion:
The market is huge and expanding at double-digit rates. It's definitely not too late to get in to the lucrative markets for legalized cannabis products.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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