$500k for Business / $500k assets / $1.2mm building. Unique opportunity to acquire or invest in a Fully Turn Key Cannabis Cultivation business in the highly sought after state of Massachusetts! This business is in full compliance and income producing with a strong brand presence. Priced at 1/3 to 1/2 the current and previous sold comp rates in MA. Will be sold by November based on current walk throughs and interest.
The seller maintains great relationships with their stores which allows for top $ wholesale: Most sales at $20 for an 1/8th (wholesale) to the dispensaries. Head grower selected, pheno hunted strains (from seed) offer an addition bonus.
These relationships, proprietary strains, the brand and book of business would be passed on to the new operator along with an experienced staff (including the COO who is an engineer). There is a lot of upside to this business and with the right management team revenues and profit can increase significantly.
- CCC approved and in full operation tier 2 Cultivation.
- Real Estate Included in the Sale - $1.2mm value
- Space: 9,500 Sq Ft Purpose-built, Phase 1 complete and income producing, Phase 2 ready to build
- Lot Size: 3 Acres, Room for Expansion
- New in 2020: Electrical / HVAC / Fire Protection / Alarm / Walls / Roof
- All New Electrical: 1200 Amps of Three-Phase Heavy Power with new onsite power transformer and 50kW generator
- $800k or ~$200 per SF of improvements completed
- New inside buildout – sprinklers, walls, electrical and state of the art Lighting and equipment
- # of Employees : 8
- Inventory and Equipment: $500,000
Brand and Book of Business included in the sale
Bids being accepted now and seller open to investors to keep running as is!!