Excellent Market Penetration – Strong Staff & Infrastructure
This profitable and well-managed cannabis consumer packaged goods manufacturer possesses excellent systems, infrastructure, staff, and tenant-improved locations for producing and selling cannabis-infused
edibles across Washington state.
The business is offered as a turnkey and highly successful business in a growing market. This is an amazing opportunity for the right buyer to enter a highly profitable market with a reputable brand or to add a new component as a strategic acquisition.
The company manufactures and sells its highly sought-after edibles for consumer use. Current production offers the marketplace multiple distinct products and a mid-double-digit number of SKU’s. Products are sold to several hundred different retail cannabis shops across the state of Washington. The average sale per retail dispensary exceeds $2000.
This cannabis CPG generates over $5,000,000 in sales annually and yields approximately a 30% adjusted cash flows as a percent of sales. Adjusted cash flows range from $1,700,000 to $2,300,000 annually.
The facility has 3 leases and 3-6 buildings accounting for over 17,000 square feet and a monthly lease expense of $28,000.
The lead M&A intermediary for this company sale at IBA is Seth Rudin. Mr. Rudin can be contacted at (425) 454-3052 and seth@ibainc.com.
