Franchise CBD Store in High-Income City

Not Disclosed, TX
Collin County

North Dallas

Asking Price: Annual Revenue:
$85,000 $228,000

Food & Beverage: Grocery & Food Stores

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RE: Franchise CBD Store in High-Income City Broker: Stephen Lee

Quick Facts

Asking Price: $85,000
Annual Revenue: $228,000
Net Profit: Not Disclosed
Cash Flow: $35,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 1
BBN Listing #: 614519188
Broker Reference #: 000941

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Business Overview:

Prime location franchise CBD store in high-income neighborhood in North Dallas is available for acquisition. This business was established by the current owner of the business in 2019. Most of the customers that come to this business are health conscious individuals and families that live in the surrounding densely populated residential neighborhoods. Sales have increased each month with an average of $17,000/month since inception of the business without any proactive marketing. Although no marketing is in place for this franchise CBD store other than discounted items, other proactive marketing methods within the local area and adjacent cities is necessary for this business to establish itself as the top CBD store in all of North Dallas. Competition can be expected for this growing industry, but this franchise business is the only CBD store in all of USA that has a proprietary line of products that is approved by the FDA and is proven to help remedy many ailments with their easy to consume blend of products. There are many ways for this business to be grow through proactive marketing such as direct mailing, educational gatherings, promotions, student discounts, corporate accounts and the expansion of unique products. Having a knowledgeable full-time owner-operator that knows how to properly educate individuals is necessary for this business to grow to the next level and expand the sales to the maximum income capacity. This business is poised for the next growth opportunity with the right potential buyer and can easily reach that potential through active marketing.

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Property Features and Assets:

This facility is located in a 6,500 SF space of a high-end retail strip center placed next to a well-known college campus and two major highways. / Inventory: $7,000 (Included in listed price).

Market Competition and Expansion:

Competition: There are no competitors within the immediate market area that has brand recognition and quality products as this business. / Growth and Expansion: Some marketing are being done by corporation, but more proactive marketing such as direct-mailing, email marketing, social media outlets, flyer and package deals, In-store discount etc. will boost the sales by reaching out to customers within untapped areas of the business.

Reason for Selling:

Other opportunities

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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