Low-Cost Med Card Business for Sale

Featured on BizBuySell.com . 64 viewed

Asking Price

$1,899,999

FOR SALE - ACTIVE

Detailed Information

Location

Portland, ME (Cumberland County) (Relocatable)

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

A well-established Med Card business is up for sale. Offering the least expensive medical marijuana cards across various states, it has been profitable since its inception five years ago. Generating a significant portion of its revenue in Maine and Oklahoma, the business is expanding into West Virginia and New York. With annual revenues ranging from 800,000 to 1.2 million dollars and profit margins between 40 to 50%, this low-maintenance business operates with independent contractors working remotely. Effortlessly managed and requiring minimal oversight, this business operates virtually with no physical office or utility costs. Having no inventory and no employees, it is described as self-sufficient and can be managed from any location globally. The potential for substantial growth exists by expanding into additional states like California and Arizona, which could lead to a doubling of current revenue. AD#:1800253.

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Listed By:

Name : Daniel Miller

Phone Number : Show Phone number

Daniel Miller typically replies in about 7 minutes

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