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Ready For Sowing Medical Cannabis Business In Thessaloniki For Sale

Thessaloniki, Thessaloniki, Greece
Asking Price:
€4,000,000 Furniture / Fixtures included
Sales Revenue:
Over €5M
Cash Flow:
Over €2.5M

The company owns the field, a greenhouse ready for sowing and a Greek State license for medical cannabis. The owner is selling the mostly constructed infrastructure (fence, greenhouse and some of the processing facility) because he started building the facility but relocated (he is not a Greek national).
The field is 19 acre (of which the facility encompasses 2 acres) and is selected especially for medical cannabis cultivation.
The company, field, and partially constructed but ready for sowing facility and license is being sold at 4meur.
This a capital-intensive, low-risk high-returns investment and an opportunity to minimize start-up time for production.

Property Information

Real Estate:

Real Property Included

Location:

The company is located in the Prefecture of Kilkis, less than 50km from the city of Thessaloniki

Premises Details:

The business premises is agricultural land, accessed by a short country road

Size in square feet:
800,000

Business Operation

Expansion Potential:

The company can easily expand its facilities to all 19 acres, and buy neighboring fields for further expansion

Competition / Market:

There are less than 120 medical cannabis licenses in Greece, and less than 10 into operation of any kind

Reasons for selling:

The owner has relocated to another country and is selling the facility

Employees:
None, the company is not operating
Years established:
3

Other Information

Support & training:

The business owner has already relocated to another country, but our company can provide technical and business support following a suitable negotiation

Financing available:

Our company, ErgoQ can support you in securing bank financing as well as up to 50% subsidy on further expansion plans

Furniture / Fixtures value:
€4,000,000 - included in the asking price
Business closed / Asset sale:
Yes

Contact ErgoQ

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