Seller's Contact Information

  • RE:  Premier Cannabis Cultivator & Manufacturer
  • Contact:  Jack Armstrong
Listing Update!
Update: Premier Cannabis Cultivator & Manufacturer is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Services: Dry Cleaning & Laundry Industry.

Business Overview:

This firm is poised to be the first disabled veteran owned cannabis cultivator and manufacturer in NJ, cultivating between 4,500-5,000 lbs. of cannabis per year. The business obtained a Class 1 Cultivation license in July ’22 and a Class 2 Manufacturing license in December ’22. It anticipates the annual conversion of licenses next quarter after obtaining municipality support for operations in May’23.This firm is implementing its Phase 1 of build-out of 4K sq/ft of canopy after raising $2,700,000.It has a key product SKU that differentiates this business from others and showcases its brand.It is evaluating service agreements with experienced and established operators to run its consumer goods manufacturing operations which will expand on its brand. MISSION: This firm will be a leader in cultivating premier cannabis while partnering with and supporting the military veterans and disadvantaged communities in NJ.IMMEDIATE BUSINESS PLAN•Secure financing•Full conversion of licenses•Finalize and execute manufacturing services agreement with leading MSO•Establish 10 core distribution relationships with an extended pipeline of potential new partners. What sets this business apart from others is its Mission and Differentiated Product. It aims to be the first disabled-veteran owned cultivator/manufacturer in New Jersey. Additionally, the organic, live soil growing process produces vastly higher quality cannabis with a full terpene expression, thus a differentiation from competitors who rely heavily on pesticides and other carcinogens. Furthermore, its brand and product offerings distinguish this company as one of New Jersey’s most identifiable and approachable brands. This company is poised to be New Jersey’s premier cannabis brand that resonates across demographics and consumer preferences.A savvy investor will be able to take advantage of this firm’s product differentiation and mission.The ideal investor will be an investment group who recognizes the growth and profitability potential and can provide the resources for it to expand, or a strategic partner whose five-year plan includes augmenting its current business.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

Listing Update!

Update: Premier Cannabis Cultivator & Manufacturer is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Services: Dry Cleaning & Laundry Industry. You may also be interested in signing up for Email Alerts for listings that match your search criteria.

Similar Active Listings That May Interest You:

Asking Price: $875,000

Dry Cleaning Shop for Sale

Not Disclosed, TX
Dallas County

Dry cleaning shop for sale with pickup station in north Dallas! An exceptional opportunity awaits in the dry-cleaning sector with these esteemed establishments. Boasting a well-established dry-clean plant complemented by a pickup station in prime north Dallas locations, this business caters to a clientele seeking premium dry-cleaning and laundry services at competitive rates.The plant was originally established in 1997 while the pickup station was established in 2005. Under current ownership since 2006 and 2007 respectively, the business continued to flourish. Although the COVID-19 pandemic caused challenges, the business survived, experiencing a moderate decline in sales compared to industry standards. This resilience underscores the loyalty of its customer base, comprising families and individuals who rely on its services beyond professional necessity.Strategically situated, the plant enjoys prime visibility at the endcap of a bustling retail center along a major thoroughfare in North Dallas. Meanwhile, the pickup station resides within an affluent residential enclave in North Dallas, surrounded by upscale residences, retail outlets, corporate hubs, and dining establishments. Both locations capitalize on high demand for dry-cleaning and laundry services.While competition is inherent, the pandemic-induced closures of rival businesses have reduced competitive pressure, allowing surviving cleaners to adjust pricing accordingly. This business distinguishes itself through its prime locations, premium services, and competitive pricing, reinforced by a loyal clientele cultivated over two decades.Equipped with a drive-thru window, state-of-the-art machinery, including eco-friendly hydrocarbon dry-cleaning units, and 24-hour drop-off facilities, the business ensures convenience and efficiency for its customers. Marketing efforts include an official website featuring service offerings and downloadable e-coupons, supplemented by physical coupons and word-of-mouth referrals. However, the untapped potential of social media and online advertising presents an opportunity for expanded reach.This business has strong growth potential, with untapped pickup and delivery services, unutilized space within the plant for operational expansion, and room for price increases to align with market standards while remaining competitive. Additionally, expansion into an additional pickup station could be handled by the plant to maximize revenue streams.As the current owner, who serves as the full-time production manager, plans for retirement, a lucrative opportunity emerges for a qualified buyer to assume the reins of this thriving and well-established enterprise. Positioned for continued growth and success, this business stands ready for new ownership. To learn more about this exciting opportunity, kindly submit a Buyer Registration (if not already completed) along with a signed Non-Disclosure Agreement (NDA) pertaining to this listing under V-AID.**Delivery van included in the sale!**

Cash Flow $337,823
Revenue $940,676

Asking Price: $245,000

Coin Laundry Business for Sale

Not Disclosed, TX
Dallas County

Coin laundry business for sale! An established coin laundry, suitable for both novice and experienced owners, is now available for acquisition. This business was founded in 2010 and later acquired in 2023 by its current owner, the third in line. The laundromat offers typical services, including wash and dry and drop-off wash and fold, as well as various game and vending machines. It is conveniently located in a 3,300 square feet suite within a retail strip center, surrounded by numerous neighborhoods and businesses that ensure a consistent flow of customers. All vending machines are brand new as of 2024 and all machines are being maintained to the highest degree before sale. The sales average is around $10,000 - $12,000/month which is steadily improving due to new ownership and a new vending machine area.The customer base primarily consists of Hispanic individuals and families who have been loyal patrons of the business for over a decade, spanning across the previous two ownerships. Few competitors are near the immediate market area, but this business brings consistent sales as the competition has already established its own personal local customer base.Currently, the business relies solely on word of mouth for marketing purposes. However, developing an online presence would greatly enhance awareness and enable opportunities to promote the wash and fold services. Furthermore, new vending machines have been added, and all machines have been recently repaired, which will help bring new business.The owner currently operates the business as an absentee, primarily handling weekly coin collections and bookkeeping duties. This opportunity is ideal for a qualified buyer seeking to take ownership of a well-established coin laundry business.

Cash Flow $70,000
Revenue $140,000

Asking Price: $1,275,000

Laundromats for Sale Dallas

Not Disclosed, TX
Dallas County

Laundromats for Sale with south Dallas Locations! The current owner established these coin laundromats in 2016 and 2017, respectively. Both locations offer ample space - 5,500 square feet at one location and 5,000 square feet at the other - making them well-suited for generating higher income compared to smaller laundromats with limited machine capacity. Each location strategically serves specific market areas within a 2-mile radius, promoting synergy within the territory and facilitating convenient management of both sites. Additionally, both laundromats are positioned near high foot traffic areas in south Dallas County, ensuring convenient accessibility and attracting a larger customer base.Despite competition from established rivals, these businesses generate consistent revenue. These laundromats stand apart from competitors with their spacious facilities, attendants at all times, and competitively priced wash and fold service. The current owner splits the income from the wash and fold service 50/50 with the attendants. These laundromats also generate revenue from additional sources such as arcade games, soap sales, subleasing space, and gaming machines.Minimal marketing efforts are currently in place, but the business still benefits from strong word of mouth and highly visible locations. The business could benefit from proactive marketing to expand its existing customer base. This could include social media, direct mailing, door hangars, or punch cards to encourage return customers.There is substantial growth potential due to the rapidly expanding population of Dallas County and the possibility of securing more commercial accounts with schools, churches, police departments, etc., to generate more revenue. Lastly, while one laundromat currently subleases a financial kiosk for $1000 per month, the other laundromat still has available space that can be similarly utilized. Both laundromats are fully staffed with attendants who provide customer service while keeping the facilities clean. This creates a lucrative opportunity for a prospective buyer who would be interested in acquiring two established laundromats with minimal owner involvement required.

Cash Flow $284,874
Revenue $648,705

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