9Listing ID: 263278GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $1,690,000
Status : ACTIVE
Size : 6013
Power (AMPS) : 800
Cannabis or Hemp Use Allowed? : Hemp
Utilities : Water, Electricity, Gas, Sewer, Trash
Sale Type : Cash
Company Name : Cannabis Business Brokers, Inc.
Phone : 518-321-3708

Opportunity to purchase a manufacturer and distributor of a well established CBD brand with over 100 retail locations throughout the U.S.  2020 Gross Revenue of $1.56 million. Seller’s manufacturing facility is located in Arizona and its executive offices are located in Southern California. This profitable CBD company markets a full line of CBD oils, topicals and gummies, including Delta 8, and a full line of pet products, particularly popular with dog and cat owners. The company has experienced revenue growth each year since  its founding in 2018, through shelf space at retail locations, its online store and brand awareness.  All products are lab tested and in full compliance with state and national regulations. There is a wholesale program and a robust digital strategy aimed at increasing sales.  Seller’s executive headquarters, sales and shipping are located in Southern California and occupy 1463 sq. ft. for approximately $2800 a month NNN through 5/31/23.  Seller’s Arizona manufacturing facility occupies 4550 sq. ft.for approximately $3300 a month NNN through 7/31/23. The facility has 800 AMPS 208 phase three power and has all the processing equipment needed for Seller’s manufacturing operations. Combined monthly rent for Seller’s two leased facilities is $6050. There is significant upside potential for a buyer to grow revenues with increased internet marketing and additional third party retail store presence. The market for CBD products is expected to continue rapid growth to over $20 billion in the US by 2024, including uses in cosmetics, health products, food and beverage, pet products, skin care and pharmaceuticals. It also is expected that CBD products will be more broadly sold at pharmacies, fitness chains, yoga chains, mass retailers, cosmetic retailers and convenience stores in the future.  Seller has a diversified customer base consisting of both wholesale buyers and Direct to Consumer (DTC) sales.  Targeted marketing and sales efforts aimed at both segments have been successful and are expected to continue to generate revenue growth.  In addition, word of mouth is estimated to account for 1 out of every 2 new customers. Seller has a diversified customer base consisting of both wholesale buyers and Direct to Consumer (DTC) sales.  Targeted marketing and sales efforts aimed at both segments have been successful and are expected to continue to generate revenue growth.  In addition, word of mouth is estimated to account for 1 out of every 2 new customers.  Seller can assist with a transition of the business to Buyer. NDA and POF required.

AD: Massive Vape Brand, Type 7 Manufacturing & Distribution Business For Sale | $9,900,000
Very unique opportunity to acquire a Top 10 Name Cannabis Vape Brand, Manufacturing Type 7 & Type 11 Distribution Business in Monterey California.
Call Drew Mathews at (619) 653-0483 for more info.
DRE CA LIC# 02091143
Contact Listing Owner
Cannabis & Hemp Banking
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