SOLD Medical Marijuana Certification and CBD Business
United States, Florida, Palm Beach
Asking Price:
$225,000
Cash Flow:
Cash Flow (SDE) - The total financial benefit a single owner gets annually, calculated by adding back the owner's salary, perks (like personal use of cars, travel), non-cash expenses (depreciation), interest, and one-time costs to the pre-tax profit. Seller's Discretionary Earnings, or SDE provides buyers with a clearer picture of the business's true cash flow and earning potential.
$106,835
Gross Revenue:
$382,256
Location (Area):
Boynton Beach
FF&E:
FF&E (Furniture, Fixtures, and Equipment) refers to all the movable, non-structural assets used in the business, such as desks, computers, machinery, shelves, and decor, which are included in the sale to keep the business operational and functional for the buyer.
$20,000
Market Notes:Advertising and marketing will grow this business. Owner has been absentee for over a year.
Growth Notes:During the 2020 Covid Year the business had 600 new patients and Revenue of $382,256. The business is poised for Revenue of in excess of $500,000 with new patients at the same level as 2020 and required semiannual follow ups.
Support Training:three weeks
Financing Terms:None
Reason for Selling:Owner has gone into an entirely different business direction