Established And Profitable Medicinal Cannabis Shop For Sale In Port Elizabeth.
Business Description:
SORRY FOLKS, THIS WONDERFUL BUSINESS OPPORTUNITY HAS NOW BEEN SOLD.
If you are looking to BUY a business or SELL your business then please contaact: grant@mnbrokers.co.za
Financial Information
Current Annual Turnover:
R R1 685 250 (as per 2025 financials)
Operating Net Profit (EBITDA):
+-R495 273 (as per 2025 Financials)
ROI%
+-50%
Assets / Equipment:
+-R99 749 (Included in the asking price).
Owner Drawings:
+-R30 000 (per month)
Stock on Hand:
+-R297 000 (Not Included in the asking price).
Property
Leased
Monthly Rental:
+-R4 600 per month
Vat registered:
No
Franchise:
Not Part of any Franchise
MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT
BuSiness Information
Industry
Medicinal Cannabis shop
Asking Price
R950 000 (Including Assets)
PROVINCE
Eastern Cape
CITY
Port Elizabeth
Premises:
Leased (LandLord Approval will be required).
Hours of work:
Mon to Thur: 09h00 -16h00 Fri: 09h00 -15h00 Saturday: 09h30 – 12h00
Buyer Profile:
This business will suit a husband-and-wife team / family or another similar type of business that is looking to expand their current business footprint or a person / entrepreneur who is looking to become the master of their own destiny.
Full training and support will be provided by the seller to the new owner.
Growth Potential:
This business has an already established client base; thus, expansion possibilities include expanding the current client base, opening of additional branches in other areas, and the franchising of the business.
Reason for selling:
Emigration
Disclaimer: All the information contained within this prospectus is supplied in good faith and is based on information supplied by the Seller; MN Business Brokers makes no representation as to its accuracy and in no way will be held liable for any eventualities arising from the use of the information provided.
Contact Us
call
Grant – 073 556 0065
grant@mnbrokers.co.za
visit
Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070