Cannabis Manufacturing & Distribution Brand
Los Angeles, CA
| Asking Price: | $6,950,000 |
| Gross Revenue: | $12,800,000 |
| Rent: | $17,000 |
| FF&E: | $689,000 |
| Cash Flow: | $225,000 |
| Inventory: | $750,000 |
| EBITDA: | $185,000 |
| Established Year: | 2019 |
Listing ID: 2260024Listing provided by BizBuySell
BUSINESS DESCRIPTION
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.
DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
18,000
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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.
Competition
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.
Growth & Expansion
As more states embrace cannabis, the market is poised for continued expansion, which will offer additional opportunities for revenue generation and market growth. The company's focus on innovation, quality, and sustainable practices ideally positions it to capitalize on this growth.
Reason for Selling
Personal
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