Posted on February 25, 2019 / 2309Listing ID: 45789APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $13,000,000
Status : ACTIVE
Size : 21,726 square feet
License Type : Medical & Recreational
Utilities : Water, Electricity, Gas, Sewer, Natural Gas, Trash
Sale Type : Cash, Financing, Owner Financing
Company Name : KO Acquisitions
Phone : 415-215-5227
Email : k@koacq.com

We were hired as the exclusive Broker for RMS a 21,726 square foot indoor grow. They operate a state of the art indoor cultivation facility with 9K+ square feet of canopy on pace to produce 4800 lbs. annually in Oakland, CA. The Company currently holds temporary state indoor cultivation licenses. This is a turnkey operation with over 40 trained full-time employees and consistent demand for the flower. The seasoned management team desires to stay and rapidly scale cultivation with the acquiring company.

Price of Real Estate: $400 a square foot = $8.7M, 2.8M of this is an assumable mortgage

Price of Business: .43X estimated 2019 revenues of 10M = $4.7M payable as an earnout

Real Estate and Business Together = $13M

 
We at KO Acquisitions are a Bay Area-based boutique investment bank doing all we can to bring M&A skills to the Cannabis industry. We exclusively work with Cannabis companies with revenues of $5M to $100M.  Feel free to visit our website or contact me at 415-215-5227.

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Cannabis & Hemp Banking
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