Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

i9 Sports Franchise Opportunity

South Beach Tanning Company Franchise Opportunity

Complete Nutrition Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

MMJ-Centric IT Company For Sale
Location: United States -> Colorado -> Denver
Industry: Health and Medical > Other Health and Medical




Business Summary

Greetings all. Do you think you missed your opportunity to capture the MMJ market in Colorado until next July? Well I may have a business opportunity that you would like to pursue.

As mentioned, my business is a MMJ-centric business for sale, but no licensing, background checks, or state filing is needed for to run my business. I don't ''physically'' deal with the medicines.

-I have been running my business since last December (2009; registered in CO; sales tax certs, etc), and since then, I have sold to and retained 15 customers (6 on S Broadway in Denver, alone!).

-Revenue to date is skirting $100K for the year with GP Margins around 20-30 points.

-Current Realized Reoccurring Revenue Stream is $250/mo with another $825/mo or so still to be realized from current customer base.

So why sell the intellectual rights and company? Well, I'm not married to it, and I believe the company is at a point where either I need to retain investors to help it grow, or I just need to let it go to someone that has the means that can grow it more than where it is today. I'm guessing if I had more time/money/people this year that I could have easily doubled my revenue. The numbers you see above came solely from one person (me). The business is IT intensive, but can be run by anyone with good contractors and management skills.

With all new rules and regulations being forced on MMC's through SB1284 and the Colorado Department of Revenue, my business forecast for next year (with current model; just me) is $200K. That would be tripling my current customer base.

Please let me know if you are interested or have any questions; I would entertain any reasonable offer - Joe.

Please e-mail or contact for more information.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $100,000
Cash Flow:   $30,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2009
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Will offer contract to help for 6-12 months.
Reason For Selling:  I'm ready for a new venture.




Print Listing Id: 700137745
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

Also See: Franchise Opportunities > Franchise Resales > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700137745
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.