Dispensary $250K net on $1M Sales

Rogers County OK Licensed Medical Cannabis Dispensary $250K EBITDA | $1M Revenue | Ask: $599k

Asking Price:

2,852,015

Gross Revenue:

77,572

EBITDA:

10,685

Lease:

425,239

Inventory:

37,814

FF&E:

87,148

Business Description:

Business Description

Licensed Medical Cannabis Dispensary $250K EBITDA | $1M Revenue | Ask: $599k 

Rogers County OK Licensed Medical Cannabis Dispensary with 1yr Avg Net Cashflow of $250K on $1M Sales Offered for $599K!!!
Get in the Game! This well-positioned cashflow positive 1 ½ -year 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 $250K 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 $599K 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!

Detailed Information:

Real Estate:

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Building SF:

490671

Lease Expiration:

2021-02-28

Employees:

152

Growth & Expansion:

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Support & Training:

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Reason For Selling:

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Location:

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