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 or new business.
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 resulting in a high market penetration with still room to grow. The average sale per retail dispensary exceeds $2000.
This CPG generates annual revenues over $5,000,000 and adjusted cash flows ranging from $1,700,000 to $2,300,000 annually. That is an adjusted cash flows as a percentage of sales of approximately 30%.
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.