CannaMLS ID: 260404
Created | Updated
Price
$ 1,250,000
Seller financing available
Deep Market Penetration - Semi-Absentee Opportunity A rare opportunity to acquire one of the few stable and consistently profitable products manufacturers in
Address (1): 600 17th Street
Address (2): Ste. 2800 South
Property is: For sale, For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Industrial
Purchase price: $ 250,000
Building size (sq ft): 1,880
Deep Market Penetration - Semi-Absentee Opportunity
A rare opportunity to acquire one of the few stable and consistently profitable products manufacturers in Colorado's Cannabis industry. The business was established in 2015 with a visionary strategic plan crafted by 2 seasoned Fortune 100 executives. The cornerstone of their plan was to bring organizational and operational excellence together to build a foundation for a business to prosper over decades as the industry matured. A strong team culture with respect for all team members and an exceptional focus on client service has continued to pay dividends for the owners. The business was built without debt and by sparing no expense to develop it's manufacturing plant, it has continued to be known as one of the industry's strongest brands. Market penetration has been strong but with plenty of growth opportunity remaining and the manufacturing plant capacity to support continued growth. The business will be sold as a turnkey combination of the business and real property and given the absence of traditional funding, the Sellers will provide very favorable Seller Financing for a well-qualified Buyer with a significant down payment. Complete details can be found in our Confidential Business Review. Buyers will be required to submit proof of funds and a personal financial statement in advance of direct conversations with the Sellers.
The real property is included in the sale price. The business has operated profitably since 2016 and has deep penetrations across more than 150 Dispensaries in the state. Everything is included in the sale including inventory, raw material, and distillate.
The sale price is below book value and will be profitable from day one.
Address (1): 600 17th Street
Address (2): Ste. 2800 South
Property is: For sale, For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Industrial
Purchase price: $ 250,000
Building size (sq ft): 1,880