Profitable Virtual Medical Card Business for Sale

Featured on BizBuySell.com . 9 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 profitable Med Card business, established for five years, is up for sale. Offering the most affordable medical marijuana cards in various states, this business has consistently generated revenue since its inception. While the primary revenue sources are in Maine and Oklahoma, expansion plans include entering markets in West Virginia and New York. The business operates smoothly with no physical office space or inventory, and all operations are managed virtually, making it highly adaptable and easy to run from anywhere. With revenues ranging from 800,000 to 1.2 million annually and profit margins between 40 to 50%, this low-maintenance business model boasts attractive financial returns. Operated by independent contractors working remotely, the business requires minimal oversight and management while benefiting from low operating costs as a virtual enterprise. With the potential to expand operations into states like California and Arizona, doubling the current revenue is easily achievable. The business is suited for entrepreneurs seeking a hands-off, profitable venture in the growing medical marijuana industry. This turnkey business presents an opportunity

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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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