Profitable Medical Marijuana Licensing Clinic

Not Disclosed, MI
Kent County

Asking Price: Annual Revenue:
$199,900 $169,438

Retail: Health, Beauty, Nutrition

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RE: Profitable Medical Marijuana Licensing Clinic Broker: Seller of Business
Owner Financing is Available!
Limited seller-financing is available for qualified buyers.

Quick Facts

Asking Price: $199,900
Annual Revenue: $169,438
Net Profit: Not Disclosed
Cash Flow: $48,567
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 1
BBN Listing #: 684245079
Broker Reference #: 614

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Business Overview:

This is a marketing and scheduling service company for physicians who provide medical marijuana certifications to patients. Founded in 2010, the Company has accumulated over 10,000 customers. The owner is seeking to sell the business in order to pursue another business opportunity.
The current owner works about 12 hours per week. Serious potential is available for an active owner with a strategic plan for growing the business.
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Property Features and Assets:

Month-to-month lease of office with waiting room and two patient rooms.

Market Competition and Expansion:

Investment Highlights Include: (1) Large Customer Base: In its nine years in operation, the Company has built a customer list of over 10,000. (2) Strong Online Presence: The Company has a strong online presence with a user-friendly and high ranking website. Presently, it takes up multiple spots organically on Page 1 of Google for high-traffic keywords. (3) Strong Reputation: The Company has an excellent reputation with strong brand recognition and shining customer reviews averaging 4.9/5.0. (4) Semi-Absentee: The owner works about 12 hours per week. Growth and Expansion Pros and Cons: (1) New Markets: There are untapped markets in Michigan that are ripe for expansion. Adding offices is an easy way to build new business. (2) CBD: The Company could widen its clientele base beyond medical marijuana cardholders and increase revenue by selling CBD and CBD-infused products. (3) Low Competition: The Company has few competitors in the area, giving it the market advantage for further growth.

Reason for Selling:

Other opportunities.

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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