Duran Advisors presents this Medical Cultivation Operation For Sale in Mississippi. The company is renowned for its premium products, which makes it a preferred supplier for many dispensaries. It holds a significant market share in a rapidly growing medical market, with products distributed to a large number of dispensaries across the state. The cultivation facility is equipped with advanced technology and efficient operational processes, ensuring high-quality output and scalability. With increasing patient counts and potential legislative changes, the market is projected to grow significantly, providing substantial upside for the new owner.
The current owners seek to sell due to capital constraints, but the existing owners are committed to ensuring a smooth transition. Key management is willing to continue growing the business with a new owner. The non-essential owners are also willing to provide support during the handover period to maintain operational continuity and client relationships. The business is managed by a team of seasoned professionals with extensive experience in cultivation, sales, and operations.
While the business boasts consistent revenue from a diversified customer base of dispensaries throughout Mississippi, it requires additional working capital to fully realize its growth potential to expand production and marketing efforts. There is significant potential for expansion into the edible market and future recreational sales, providing a substantial growth trajectory for the new owner.
This opportunity is ideal for an investor or company looking to enter or expand in the burgeoning industry. The buyer should have the necessary capital to invest in growth initiatives and the capability to scale the business to its full potential. Between working capital and expansion plans within the first year, a buyer should have at least one million liquid beyond the sale price.
The business resides in a ~10,000+ square foot facility on 2.5 acres of land with ample room to expand. The property, recently valued at $1,000,000, is being sold with the business.
A Matterport 3-D Virtual Reality scan of the entire premises is available for fully disclosed buyers, as is a 50+ page Confidential Information Memo (CIM).
Once properly capitalized, current monthly sales should immediately increase to $100,000 per month because of unmet demand from dispensaries. Future revenue for the facility will reach capacity between $5-7 million per year, depending on product mix and efficiency.
This is a structured sale with the following schedule:
7/19 Question Submission Deadline
7/26 LOI Submission Deadline
8/30 Due Diligence End & Close (time may be extended for financing)
Meet the owners, visit the site, and see this turnkey opportunity!
For serious inquiries, please call the listing broker, Joel F. Duran, CM&AA®, CM&AP®, CEPA®, CMSBB®. The Real Estate broker for this listing is John Sanderford, and he can be reached.
