Vertically Integrated Cannabis Company Investment Opportunity in San Francisco, United States
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | C Corporation |
Reported Sales | USD 9 million |
Run Rate Sales | USD 9.6 million |
EBITDA Margin | 40 % |
Industries | Commercial Real Estate |
Locations | San Francisco |
Local Time | 6:07 AM America / Los Angeles |
Listed By | Advisor / Business Broker |
Status | Active |
- The business model primarily focuses on the development of greenhouses for cannabis cultivation on owned land.
- The project has received endorsement from the city mayor, and all Conditional Use Permits (CUPs) have been issued. Pilot programs have been successfully completed, affirming the profitability potential through retail outlets.
- The vertical integration of the business, in combination with the real estate component, significantly reduces risk. The land value, at full use, is estimated to be approximately $100 million.
- The projected revenues for the business are expected to reach $500 million post complete development. The model and permitted site plans of the business can be duplicated, as evidenced by inquiries from mayors of other cities.
- The business holds 22 cannabis permit licenses and operates in both B2C and B2B segments. It generates 80% of its revenue from B2C sales through two retail outlets and a kiosk, while the remaining 20% is derived from B2B through wholesale.
- There are currently 10 permanent employees, who manage the business operations.
Have also sold 22 greenhouses to operational cannabis companies and investors where they lease back the greenhouse to produce 1,900 pounds of flowers per greenhouse to distribute through their own retail and wholesale channels.
Intangible assets include intellectual property, purchase contracts, delivery business, retail business, micro businesses (2)
Currently are in the process of completing his appraisal and will be responsible for providing the debt that will go on the land which won't be more than 60%LTV, or $5.5M.
The business includes sales of greenhouses on the patch of land which equates to circa $9M in received proceeds.
The business owner and his wife are 100% equity owners.
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Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Real Estate, Chicago, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, London, M&A Advisor connected with the Business