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Cannabis Accessory Innovation: Lucrative Business Ready for New Owners
Embark on a dynamic journey through the cannabis accessory industry. Established in 2018, this venture began with the discovery of a natural adhesive, setting the stage for continuous growth.
Distinguished by a diverse product mix, the company offers a range of cannabis and tobacco accessories, with most revenue coming from their proprietary adhesive.
The facility is equipped with necessary machines, the business generates revenue through wholesalers, distributors, online platforms, and various sales outlets. With a compelling financial track record—highlighted by $355k in free cash flow and consistent yearly growth—this is a proven investment with sustained profitability.
As the founders explore new horizons, the business is on the market, presenting a turnkey operation with extensive equipment, diverse revenue streams, and a robust online presence. The founders are committed to a seamless transition and look forward to training the new owner.
Listed By: Omar Kettani
Distinguished by a diverse product mix, the company offers a range of cannabis and tobacco accessories, with most revenue coming from their proprietary adhesive.
The facility is equipped with necessary machines, the business generates revenue through wholesalers, distributors, online platforms, and various sales outlets. With a compelling financial track record—highlighted by $355k in free cash flow and consistent yearly growth—this is a proven investment with sustained profitability.
As the founders explore new horizons, the business is on the market, presenting a turnkey operation with extensive equipment, diverse revenue streams, and a robust online presence. The founders are committed to a seamless transition and look forward to training the new owner.
Ad#:2078554
Listed By: Omar Kettani
Background information
Reference:
ABC24457g
Year established:
N/A
Finance
Sales:
$690,542
EBITDA:
$355,850
Operations
Equipment:
N/A
Inventory:
Included in asking price
Premises
Rent and lease terms:
N/A
Location:
Los Angeles County, CA
Price and terms
Price:
$750,000