Profitable Absentee Hemp Farm

Imperial, CA (Imperial County)

Profitable Absentee Hemp Farm
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Asking Price: $535,000

Cash Flow: $325,000

Gross Revenue: $750,000

EBITDA: $325,000

FF&E: $25,000

Inventory: $5,000

Established: 2019

Profitable Absentee Hemp Farm

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Business Description

Very Profitable Legal Hemp Biz - CBD Products

Very profitable and fully staff managed completely legal hemp cultivation in Imperial Valley. Grow your net profits at roughly 75% ROI year after year.

Expert staff and labor manage all aspects of the operation from planting to maintenance to harvest to processing and sales.

The latest harvest (only 1 of 2 annually) yielded the following for the current owner:
Total revenues from harvest and diversified product sales - $750,000
Fully allocated COGS and Operating Expenses - $425,000
Net profit - $325,000

The farm operation has about 7 acres of greenhouse operations and outdoor growing of about 20 acres (of which the latest harvest only used 6 acres). The land is leased; no need to purchase separate real estate. Up to 100 acres may be leased and operated.

Contact for an appointment to learn more and tour the farm.
This is a great opportunity to own a strong cash-flowing business as a true absentee!

Detailed Information

Location:
Imperial, CA
Inventory:
Included in asking price
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Greenhouse operations covering 10 acres (7 yielding)
Competition:
Some but this business is leading with strong customer base and diversified crops and products.
Growth & Expansion:
Huge growth opportunity with multiple harvests per year and 3x the acreage to expand into.
Support & Training:
Absentee ownership opportunity - no training required
Reason for Selling:
Seller has many businesses, and is focusing on other opportunities
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(from currently available funds)
 
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Gregory DiCristina

Business Listed By:
Greg DiCristina

Chase Group Business Brokers, Inc

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