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Quick Facts
Asking Price: | $7,000,000 | |
Annual Revenue: | $3,233,477 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,513,667 | |
Total Debt: | Not Disclosed | |
FF&E: | 60,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 9 | |
BBN Listing #: | 3073630 | |
Broker Reference #: | 0101540834 |
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Business Overview:
A leading supplier, wholesaler, and retailer of branded and private label CBD product offerings, including three well-established and highly recognized brands. The company has an established wholesale business for its complete product line as well as offers private label, packaging, and design services to customers wanting to create and sell their own brands of CBD products. It also now sells direct to consumers through its website. The company has an established customer base of wholesale, private label, and consumer customers for its CBD edible gummies, pain relief creams, dietary oils & tinctures, massage oils, pet products, shampoos, beauty products, and more. They have several proprietary registered formulas, including NDC (national drug code) numbers as well as maintain a well-established and reputable Groupon merchant account that helps to consistently drive new customers and consumer sales. $500,000 of inventory, leasehold improvement, and assets valued at $100,000 included. Please refer to listing number 0101540834, business broker Moche Hazout 954-608-8739 when inquiring about this listing.
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Property Features and Assets:
Lease/Month: $5,750;Square Footage: 3,500;Building Type: Commercial; Terms & Options: Available;Expiration Date: 1/14/2025.
Market Competition and Expansion:
Non Compete: Miles: 1000 Years: 3
Reason for Selling:
Other Interest.
Additional Details:
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