Medical Marijuana Grow

Not Disclosed, OK
Oklahoma County

Asking Price: Annual Revenue:
$119,000 $15,030

Manufacturing: Agricultural Manufacturing

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RE: Medical Marijuana Grow Broker: Geary Welch

Quick Facts

Asking Price: $119,000
Annual Revenue: $15,030
Net Profit: Not Disclosed
Cash Flow: $3,030
Total Debt: Not Disclosed
FF&E: $135,269
Real Estate: Not Disclosed
Year Established: 2018
Employees: 2
BBN Listing #: 42214955
Broker Reference #: 6501-16239

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Business Overview:

This Cannabis Cultivation and Grow is one of the few industries that is resistant to recessions, stock market volatility, and now COVID-19. If you are looking for a secure passive investment, Cannabis may be right for you. There are several things Americans consume regardless of economic conditions, including food, alcohol, tobacco, and of course, Marijuana. This is truly a unique opportunity to be a part of the fastest growing industry with great upside and low risk with low rent at a low price.

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Property Features and Assets:

This facility is a highly secure facility on 2.86 acres (multiple buildings totaling 22,000 square feet). The 8,000 square feet building is available to expand immediately and a new owner would be able to lease a second level unit as well. It is a fully enclosed 28,000 square-foot expandable location. This is a indoor licensed Cannabis MM grow facility which enjoys low rent with a low investment. Assets = $148,289.

Market Competition and Expansion:

Only 3 MM Cultivation/Grow operations are located within a ten mile radius. The industry will continue to benefit from increasingly favorable attitudes toward medical marijuana-based treatments, industry growth will be led by consumer demand for recreational marijuana. Combined with increasingly favorable consumer sentiment and rising disposable incomes, IBISWorld forecasts that revenue will continue to increase at an annualized rate of 18.3% to reach $26.9 billion during the outlook period. In particular, as the economy recovers from the COVID-19 (coronavirus) pandemic, increasing levels of discretionary income are projected to support continued demand for industry products and growing acceptance of medical applications of marijuana. Additionally, the Biden administration has expressed support for the industry, which is expected to benefit the industry. The 2020 market estimate for medical marijuana in Oklahoma, according to the Oklahoma Tax Commission, is projected to be over $500 million. This state-of-the-art facility's production capabilities allow for multiple opportunities in wholesale distribution to, distributors for resale, individual processors, high volume dispensaries and processors, chain dispensaries and boutique dispensaries.

Reason for Selling:

Out of state.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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