This independent, non-franchise CBD store has built a great relationship in the local community with its wide variety of CBD products. The company’s products include CBD oil, gummies, pills, topicals, honey, tea, edibles, and suckers for its customers. The company has a competitive advantage over franchised rivals with its wide selection of different products offered and without the the fees associated with franchises. Revenues the past two years have exceeded $500,000 each year with solid profitability.
Sunbelt Business Brokers of Dallas Metro and Kirk Coyne present this outstanding opportunity to own a profitable CBD and Nutrition store in a high demand market niche. The Buyer has plenty of opportunity to scale and grow by offering additional products and services. The opportunities are endless allowing the Buyer to take it to the next level with selling products online as well. This business also has the potential for a semi-absentee owner.
Note that the Buyer does not need any special licenses to operate the business, but some permits are required (Retail Hemp Registration, E-cigarette retailer permit, Cigarette and tobacco permit). The business transfer includes all the assets of the business including inventory and FF&E.
Financial Information
$180,000
Asking Price
$145,000
Cash Flow
$510,000
Gross Revenue
N/A
Down Payment
Business Location
City:
Dallas/Fort Worth
State:Texas
Reason for Sale
Owner is looking to focus on other business opportunities
Detailed information
Year Established:2019
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 1
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:40
Adjusted EBITDA:
N/A
Inventory Included: Yes
Inventory Value:
$70,000
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
$0
Building Size: 1500
FF&E Included?: Yes
FF&E Value: $20,000
Training/Support
Current owner will be available for 2 weeks up to 20 hours per week under mutually agreed upon times to provide training and ensure a smooth transition
Facilities
Great location next to Super Walmart with high foot traffic with easy access.
Market Outlook/Competition
The CBD (Cannabidiol) retail market in the United States has seen tremendous growth in recent years and is expected to continue to grow in the future. CBD is a non-psychoactive compound found in the hemp plant that is believed to have a variety of health benefits, including reducing anxiety and chronic pain. This has led to an increase in demand for CBD-infused products.
The company is the most established and well known CBD store in its local market with strong brands and a good reputation.
Real State Description
1,500 SF retail store located in a strip center. Great location next to Super Walmart with high foot traffic with easy access
Business Listed by
Kirk Coyne, MBA, CPA, CMSBB, Certified Value Builder