Est. Manufacturer E-Commerce Home-Based Semi-Ab

Denver, CO
Denver County

Colorado


Asking Price: Annual Revenue:
$275,000 $535,000

Retail: E-Commerce, Retail Websites


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RE: Est. Manufacturer E-Commerce Home-Based Semi-Ab Broker: Kevin Robertson
Owner Financing is Available!

Quick Facts

Asking Price: $275,000
Annual Revenue: $535,000
Net Profit: Not Disclosed
Cash Flow: $80,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 3
BBN Listing #: 591559743
Broker Reference #: 214-20992

Email or Print Listing

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Business Overview:

Profitable E-Commerce Semi-Absentee business with huge growth potential!

The Denver-based company sells a device, specifically made to extract cannabinoids and terpenes from cannabis flowers. The resulting cannabis concentrate, an oily resinous form called rosin, is prized for its purity, potency, flavor and simplicity. People dab, vape, or add the rosin to a bong or bowl, or even bake it into an edible.

Marijuana is fully legal in 19 states for both recreational and medical use. Another 20 states have laws permitting medical use of some nature. Many of these states allow home grows giving people ready access to their own supply.

Cannabis is big business with the Marijuana Growing industry expected to increase 31.8% in 2021 to become an $11.6 billion industry according to IBISWorld industry researcher. Likewise, IBIS reports the Medical and Recreational Marijuana Stores industry is projected to increase 28.9% in 2021 to become an $18.6 billion industry.

This device, sits between the 2 industries allowing individuals and small businesses to extract the highly prized rosin at home using two heated metal plates to press cannabis flowers with enough force to cause the cannabinoids and terpenes to ooze out of the trichomes.

The lightweight, personal, micro-batch rosin press is manufactured in China. The Seller is a semi-absent owner managing and overseeing the manufacturing process and even has a hand in international shipping to the US. Two employees who both work remotely, one in Michigan and the other in Colorado, manage the day-to-day business. The Business has a small warehouse in the Denver area, but, as an e-commerce business with no brick-and-mortar storefront, can be relocated anywhere in the country. The Company was formed in 2017 and sales have grown steadily every year. The Seller has invested heavily in SEO and other marketing and is seeing the rewards as sales have reached $532,731 in just 4 short years

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Property Features and Assets:

Inventory included: $55,000.

Reason for Selling:

Changing careers.

Additional Details:

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

Relevant Links:

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