Asking Price: $900,000 Gross Revenue: Not DisclosedCash Flow: $458,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share 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.
The seller is motivated to sell and will consider any and all reasonable offers. Only serious buyers with signed Non-Disclosure form and Proof of funds will be considered prior to seller financial release of information. Cash flow for this business in 2016 was $450,000+ and will likely be higher in 2018. The business consists of 1 dispensary location and 1 new grow facility. Ability to add a recreational grow facility is an option at an additional cost. Current client count can support approximately 1000+ plants. The new grow has all new double ended lighting, 25 tons of cooling capacity, up to 50 flower lights in 3 flower rooms, abundant power supply, automated watering and lighting systems and much, much more.
Recent developments concerning legalization of Recreational Marijuana within Colorado Springs are progressing and if it becomes legalized the value of all existing businesses will explode. This is a tremendous opportunity to get started in the medical marijuana industry without spending millions in cash required to get in the door after approval of Recreational Marijuana within the city limits. Financing for the business, which is very difficult to find, is available with 35-50% down and good credit.
The store is located in a high traffic area of town and has a loyal and long-term customer base. The seller is willing to be flexible during the transition and is open to staying on for the new owner at an agreed upon capacity and pay, should the buyer desire it.
New Price for Marijuana Grow/ Dispensary Business For Sale
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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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