Cannabis Edibles and Extracts Manufacturer
Bernalillo County, NM
Asking Price :
$ 2,000,000
Cash Flow :
$ 500,000
Gross Revenue :
$ 1,500,000
Inventory :
N/A
FF&E:
N/A
Year Started:
2012
Business Description
If you have ever wanted an opportunity to get into the very popular and ever-growing cannabis business, this is it! This is not a retail facility, this is an actual manufacturer; they extract and infuse. They have a 4,000 sq. ft. full production facility, staffed with 10 experienced employees. And of course, everything they do is 100% licensed and legal.This is a well established company that has been in business and growing for 12 years. With the purchase of this business you will get a transferable Level 4 License, which is the highest level and extremely hard to get. The Operations Manager will stay on and he can run the business for you, or assist you if you want to be more hands on. He is very experienced and highly qualified; he has even been to Cannabis College.
In considering this business you must understand that this industry is expanding for many reasons. One main catalyst is that laws have changed and cannabis is not just legal for medical use anymore, it is also approved for recreational use too. That is HUGE. This is the perfect time to jump in and take this business to the next level. Revenue is already very strong but a new owner, with the right resources, could very easily 10X this business. The current owner is older and ready to retire, not expand.
As a new owner you can increase manufacturing, increase marketing, increase distribution and there is a huge opportunity to grow the retail aspect of this business. If you are serious about this type of business then you already know this industry is BOOMING. Take a look at this business from the perspective of the foundation they have created and if you are a visionary, imagine the organization you can build because the culture and the climate are right for cannabis to continue to see tremendous growth.
Detail Information
Location: Bernalillo County, New Mexico
Inventory : Not Included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Real Estate For Sale
Building SF : N/A
Real Estate Value: $ 770,000
Is Real Estate Included in Asking Price?: Not
Employees: 10
Year Established: 2012