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  • RE:  Premium Hemp Based Edibles Brand
  • Contact:  Charles Daucourt
Owner Financing is Available!
Owner Terms:$149,000.00 Interest:6% Term Months:36 Monthly Payment:$4,532.87

Quick Facts

Asking Price: $149,000
Annual Revenue: $247,000
Net Profit: Not Disclosed
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: $4,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: Not Disclosed
BBN Listing #: 995022
Broker Reference #: 9525-901915

Email or Print Listing

Business Overview:

This is a rare opportunity to acquire a well-established and highly regarded brand in a rapidly growing market of Hemp Edibles. Looking to build on the brand's strong foundation and take it to the next level? This opportunity might be for you! With over six years of operational history, the company has earned nationwide recognition for its premium-quality hemp products, cultivating a loyal customer base and a stellar reputation in the industry.

Operating 100% online, this turnkey e-commerce business offers unparalleled convenience with no need for a physical storefront. Its fun, humorous, and memorable branding sets it apart in a crowded market, helping it stand out from generic competitors and build strong recognition among both retail and wholesale customers. With a diverse product line and the flexibility to expand and innovate, the business offers significant growth potential.

Key assets include trademark rights, a website valued at $2,000, and established social media pages with strong engagement. The scalable operation allows for both direct-to-consumer sales and wholesale distribution with minimal overhead, as all products are private-labeled through licensed manufacturers. Flexible production relationships make it easy to scale and adapt to emerging trends.

Growth opportunities abound, from expanding digital marketing efforts and rebuilding the wholesale customer base to introducing innovative hemp products. With an already strong online infrastructure, the business is well-positioned for domestic and international expansion. This is an exciting chance to take over a thriving business and continue its success in a booming industry. >>

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Property Features and Assets:

Established in late 2017, this company experienced its first full year of operations in 2018. Initially, the business achieved consistent year-over-year growth, driven largely by its wholesale partnerships with brick-and-mortar retailers, which accounted for over 85% of its sales. However, the COVID-19 pandemic caused widespread closures of these retail outlets, significantly impacting wholesale revenue. Despite this challenge, the company successfully pivoted to direct-to-consumer sales, maintaining profitability and steady performance. Unfortunately, many of its largest wholesale customers were unable to recover post-2020, and trade show cancellations further hindered new account acquisitions.

In early 2022, the business faced a significant challenge when regulatory changes in Massachusetts prohibited its manufacturing partner from producing the company’s flagship product—a CBD caramel line that had been foundational to its success. As a result, this product line was discontinued.

Over the course of a year, the company invested in R&D to identify a new manufacturing partner and successfully launched a revamped product line in early Q2 2023. The new product line has been well-received and is performing strongly. During this transitional period, the company also introduced additional products to offset the revenue loss from the caramels, which have since gained traction and contributed to the company’s ongoing growth.

This resilient history underscores the adaptability and strength of the business, making it well-positioned for future success under new ownership.

Market Competition and Expansion:

This business stands out in the competitive CBD and THC market due to its unique branding, high-quality products, and operational flexibility. Unlike many competitors who rely on generic and unmemorable branding, this company has carved out a distinct identity that appeals to a broad demographic, combining humor with a reputation for excellence.

While the industry is crowded, the company's ability to outsource manufacturing provides a competitive edge, allowing it to quickly adapt to market trends without the overhead of production facilities. Its exclusive online presence further reduces regulatory burdens and increases scalability compared to brick-and-mortar competitors.

Additionally, the direct-to-consumer and wholesale sales models provide dual revenue streams, enhancing stability and allowing the company to capitalize on both retail and wholesale opportunities. This balance, coupled with the brand's strong recognition, positions the business as a leader in the growing CBD/THC edibles sector.

Strategically, the company's nimbleness in launching new products, along with its established relationships with trusted manufacturers, gives it a significant advantage in an industry where innovation and agility are key.

Reason for Selling:

Retirement. Kindly ask the seller for more information.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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