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NEW PRICE Med Dispo $1.5M/$295K $100K Inv $385K!

$ 385,000
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SELLER FINANCING

Overview

  • Updated On:
  • September 20, 2021

Details

Rogers County OK Licensed Medical Cannabis Dispensary with 1yr Avg Net Cashflow of $295K on $1.5MSales Offered for $380K!!!

Get in the Game! 2021 sales up 30%!!! This well-positioned cashflow positive almost 2year old medical cannabis business is widely considered one of the best top-shelf, black label dispensaries in the Metro. Company has increased revenues every month with annualized sales exceeding $1 million operating from an 1800 sq ft bldg! Adjusted net cashflow is $280K with over $100K in current inventory and FF&E included. Most of the seasoned team of 2+ employees have been with the company for over a year. Business licenses are transferrable with new owner(s) subject to OK background check.

The company is in a “strategic location” on Old Route 66 Highway(The MotherRoad) to grow 10-25% annually due to the steady increase in traffic for medical cannabis products demand and current weak supply of top shelf flower. There are also strong opportunities to develop new business profit centers as well expansion of the brand to similar sized markets and/or communities. The business is located on US Highway 66 3 miles from I-44 with low cost of living, minimal competition and existing skilled labor force. The owner will provide extensive training and support during the transition and would be available for future consulting under employment agreement. The business is priced at $399K including $100K current inventory, and over $50K in FF&E. 1800 Sq. Ft lease has over 3yrs remaining at $1000 month. Attractive financing options may be available for right buyer!

Please call or email Jay Shrewder today for more information: 918-230-9813. This is an incredible value and unique opportunity to own a proven dispensary business that is extremely profitable, recession proof and FUN!

City:
State/County:
Country: United States
Country: United States
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Property Id : 21111
Price: $ 385,000
Gross Revenue $: 1 million +
Cash Flow $: 280,000
Total Inventory $: 100,000
Real Estate Included?: No
Real Estate Type: Leased
Bldg Sq. Ft: 1,800
Financing Available?: Yes
Facilities: 1800 sq ft stand alone retail bldg on Historic Old Route 66 Highway
Reason for Selling: Owner pursuing other business ops
Training/Support: 1 month training provided with paid consulting available.
Growth & Expansion: Business growing 10-25% annually with addition of new product lines and expanded awareness of this new and exciting industry!
Competition: Competitive marketplace within a new industry(2yrs) Owner has first mover advantage in location and established loyal customer base

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Jay Shrewder