Vape, CBD, & Cannabis Edibles Mnfg & Retail
Bemidji, MN Beltrami County
Locations in MN, ND, and SD
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- RE: Vape, CBD, & Cannabis Edibles Mnfg & Retail
- Contact: Trevor Thielke
- License #: 17457
Quick Facts
| Asking Price: | $7,900,000 | |
| Annual Revenue: | $11,168,218 | |
| Net Profit: | $2,341,957 | |
| Cash Flow: | $2,818,896 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $676,221 | |
| Real Estate: | $150,000 | |
| Year Established: | 2015 | |
| Employees: | 60 | |
| BBN Listing #: | 944221 | |
| Broker Reference #: | 533 |
Business Overview:
Capitalize on a lucrative opportunity to own a leading vape, CBD, and cannabis edibles manufacturing enterprise, showcasing a strong foothold in North Dakota, South Dakota, and Minnesota. This venture stands out with its integrated manufacturing-to-retail model, driving unparalleled efficiency and profitability. From its inception in 2015, the business has rapidly evolved from a niche startup to a major player with over 60 dedicated employees. Demonstrating robust growth, the company has successfully scaled, substantiated by a substantial increase in revenue and market share. The sale encompasses a fully operational manufacturing facility, six retail stores, and a comprehensive transition plan. Each component is designed to ensure the new owner can seamlessly continue and elevate the business's success.
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Property Features and Assets:
The package includes a state-of-the-art manufacturing facility and six optimally located retail stores. The manufacturing unit is equipped with advanced technology for efficient production of high-quality vape, CBD, and cannabis edibles. Retail stores are designed for maximum customer engagement and sales.
Market Competition and Expansion:
In a competitive landscape, the business stands out with a significant competitive edge. Thanks to the focus on quality, innovation, and customer satisfaction, we've established a strong brand presence and loyalty. There strategic locations and diverse product lines set us apart in the growing cannabis and CBD market. The potential for expansion is vast. Opportunities include broadening the product range, enhancing online sales platforms, and extending the retail footprint into new markets. With the cannabis and CBD sectors poised for further growth, strategic marketing and product development can unlock additional revenue streams.
Reason for Selling:
Moving on to new endeavors.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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