High Quality CBD Shop

Business Overview:

A newly established franchise CBD store in one of the busiest streets of Dallas in the upper-income area is now available for acquisition. This business was established by the current owner in 2021 and fully built out with top-of-the-line fixtures/furniture and opened its door for business at the beginning of 2022. This 725 SF health nutrition store which features a well-built modern interior look is located in a premier retail strip center surrounded by retailers and food establishments which brings consistent traffic to the area. There are other competitors in the area, but this CBD franchise offers superior products as all their products are manufactured with natural ingredients and offers competitive prices and a carries a wider variety. What differentiates this business from other competitors is that this franchise uses state of the art manufacturing facility and sends all its products to third-party testing for purity, potency, and consistency. This business offers various high-quality products such as CBD products, CBN, CBG, Delta 8,9,10, coffee, tea, edibles, THCo, HHC, pet treats, and topical creams. Most of the customers are upper-class health-conscious individuals of well-mixed demographics that reside and commute in the surrounding neighborhoods as well as customers visiting the busy retailers and food establishments nearby. Despite the limited period of operation, the sales have grown steadily each month and the average monthly net sales is approximately $13,000. Although some marketing is in place through corporate and social media, more store-level proactive marketing method such as direct mailing, coupons, loyalty program, bundle pack discounts, SEO, banners, etc. needs to be utilized to achieve maximum income capacity as well as grow the customer base beyond the immediate market area. As the popularity of CBD continues to increase, a buyer can take advantage of the location and high-quality products to gain more market share with proactive and strategic marketing This business is looking for a prepared entrepreneur who can be hands-on in the day-to-day business operation and conduct pro-active marketing for next level growth.

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Property Features and Assets:

This business is located in a 725 SF space of a retail strip center in one of the busiest streets of Dallas surrounded by many retailers and food establishments that bring a huge traffic to the area. / Inventory: $5,500 (Included in listed price).

Market Competition and Expansion:

Competition: There are other competitors in the area but this CBD franchise offers superior products as all their products are manufactured with natural ingredients at competitive prices and tested by a third party for quality control. / Growth and Expansion: CBD is a $5.18 billion market, expecting to reach $56.2 billion by 2028. More proactive marketing could be utilized to grow the business such as banners, SEO, and promotions.

Reason for Selling:

Relocation

Additional Details:

Documents:

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