It has been determined that the owner/seller has met our qualification standards of being an established, profitable, and bankable business. This is the starting point of our SCS system, that has proven to deliver results three times or more industry standards and helps those we work with experience our mission of receiving the highest customer satisfaction ratings in North America. To obtain a thorough overview of this business, hit the CONTACT SELLER button. Once completed, you will receive an automated email from our system that will provide you with a link to complete a Non-Disclosure Agreement (NDA).
Description
If you are already established or looking to step into the maturing and growing cannabis supply industry, your expertise in Marketing and Sales direct to consumers and wholesale to businesses can have an immediate impact on the top and bottom line of this established profitable entity.
We see this as a fairly easy tuck-in / addition to the many complementary businesses.
- Can be run with 1.5 FTE. (owner or GM + 1/2 staff)
- Requires nominal space for warehousing of inventory and distribution
- Reasonable online presence and branding
- Strong supply and customer relationships established
- Owners are almost entirely hands off
For the right purchaser, there are valuable balance sheet assets (Shareholder Loans of $900k+ and loss carry-forwards in excess of $1.1M)
By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions.
Financial Information
Fiscal Year End is October 31
2024
Revenues: $367k
Gross Profit: 47%
SDE: $90k
2023
Revenues: $429k
Gross Profit: 59%
SDE: $110k
Operations
Can be operated from anywhere. Inventory warehousing / distribution requirements can be nominal.
