Cannabis Cultivation Investment in Santa Barbara
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This listing is: Off Market
Background
| BizEx ID: | BizEx1431-AK |
|---|---|
| General Location: | Santa Barbera County, CA |
| Category: |
Agriculture Medical Products & Supplies |
| Years in Business: | 7 |
| Under Present Owner: | 7 |
| Hours of Operation: | 6am-2pm 7days |
| Owner Hours: | To be determined |
| Training: | as needed weeks @ hours |
| Organization Type: | C-Corp |
| Lease Expiration: | |
| Lease Options: | |
| Building Size: | 6 greenhouses plus 20 to be constructed plus 1 house |
| Employees: | 5 |
| Reason for Sale: | Other Business Interests |
Financials
| Asking Price: | $600,000 |
|---|---|
| Down Payment: | $600,000 |
| Gross Sales: | $2,476,250 |
| Discretionary Cash Flow: | $1,450,250 |
| FF&E: | $100-150,000 |
| Inventory Included? | |
| Inventory: | $0 |
| Min. Operating Capital: | $181,000 |
| Real Estate Available? | No |
| Rent: | $6,000 |
| Payroll: | $20,000 |
