Business Overview:
CBD company started in 2020 and is located in NW Iowa. Business efforts have been focused on branding, input sourcing, website design and website sales. The company is currently setup to be taken over with someone who knows the industry and wants to grow the brand and product mix. This business is relocatable as the business currently only sells online and does not have a retail frontage.
Established business in the area for the last 2 years. The business is still in growth mode, has an established name and strong customer base. Business has strong and longstanding employee base and product. Owner oversees the business but has 2 full-time employees. New owner can look to grow revenue and product mix and could consider relocating to a retail focused shopping area.
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Property Features and Assets:
The office is located in a commercial office building and currently does not offer retail walk-in purchases. Purchasing is currently done exclusively through their website. The office consists of desks, chairs, computers, printer/copier/scanner and some industry specific equipment.
Assets = $70,000
Market Competition and Expansion:
CBD is a growing niche and continues to see competition both directly and indirectly. The current owner understands that a retail space is necessary for the longevity of the company and will assist the new owner in a smooth transition in all areas of the business including relocation to a retail space.
Business owner can look to grow the business through additional product offerings and a retail front. Owner can also look to open additional locations.
Reason for Selling:
Other business interests.
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 not a franchise resale opportunity.
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