Market Leading Edibles Manufacturer

CannaMLS ID: 9369
Save Listing

Price: $5,997,000


Listing Details


Listing Category
Manufacturing
Distribution

License Status
Municipal / local license granted
State / annual license granted

Adult Use
YES

Price: $5,997,000

Listing Status: For Sale

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.


Listing Details

Listing Status
For Sale

Location
Washington 98001

Date Listed For Sale:
5/12/2023

Date Last Updated:
5/13/2023

Generating Revenue:
YES

Operational:
YES

Property Details

Buiding Size (sq ft)
17000 sq ft

Built out / Turnkey
YES

Equipment Included
YES

Room for Expansion
YES

Pricing Details

Listing Price
$5,997,000

Seller Financing Available?
YES

Property Lease Rate
$28,000/month

Lease Terms:

Various leases to discuss. We will discuss upon an NDA.


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