Business Description
Enter the Oklahoma market with this Fully Vertical Cannabis operation. Direct to consumer locations increase the return price per gram compared to wholesale, significantly increasing net margins!
The business includes 3 Retail Storefront licenses, 1 Cultivation license and 1 Processing license. One of the Retail storefronts is fully operational with the second ready to launch soon and the third not too far behind. The Cultivation operation sits on a 5 acre lot in a stand-alone 15,000 Sq Ft state-of-the-art facility. This property has a valuation of $700k. The lot space allows for Greenhouse and Outdoor supplemental production. The facility is outfitted with an onsite drying room, full security, and licensed processing. The sale includes the real estate for the Cultivation/Processing facility.
Details:
- Licenses: (3) Retail Storefront, (1) Cultivation, (1) Processing
- Real Estate included for Cultivation/Processing facility
- Real Estate alone is valued at $700k
- 5 Acres
- Standalone 15,000 Sq Ft Building
- Recent power upgrade to 1600 Amps ($140k value)
- Automated Irrigation system
- 120 lights
- Operation can be run with 3 person staff
- Can add another 200-250 lights
- All equipment & TI’s Included
- Brand and Book of Business included
- $3M Gross revenues from 2020-2022
- Overhead costs: $20-30k to run the company yearly
- Leases: All are 1 year with a 5-year option
- $1,000/mo each location
Looking for Funding?
Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this.
Asking Price: $2,500,000.00 (Seller Open to Offers)
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Yesenia Jimenez, DRE CA LIC#02073168
If you have any questions call Yesenia (619) 433-5773
Email: nationwide@glbgroupinc.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
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Business Details
- Price: $2,500,000
- Business Type: Cultivation, Distribution, Retail
- Business Status: For Sale
- Location: Oklahoma
