Relocatable Online Retail & Wholesale Hemp/CBD Biz

Miami, FL
Miami Dade County

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Asking Price: Annual Revenue:
$950,000 $1,255,209

Retail: E-Commerce, Retail Websites

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RE: Relocatable Online Retail & Wholesale Hemp/CBD Biz Broker: Dale Armor

Quick Facts

Asking Price: $950,000
Annual Revenue: $1,255,209
Net Profit: Not Disclosed
Cash Flow: $351,095
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 2021
Employees: 5
BBN Listing #: 331211185
Broker Reference #: 170-18627

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Business Overview:

Retail and Wholesale online Hemp and CBD business. Can be relocated anywhere in the United States in accordance with State and Federal laws. Florida has among the most lenient license requirements nationally to be in the hemp business. Retail website & wholesale accounts generating consistent recurring monthly revenue of $80-$100k+/- with a $75k+/- inventory. Wholesale accounts pay prior to white label shipping or COD. A few select accounts are net 10 days. Products include CBD, Delta 8 THC, THC-O, HHC-8 & High THCa Hemp. The hemp business was made possible by the 2018 Agricultural Improvement Act more commonly known as the 2018 Farm Bill through the United States Department of Agriculture Hemp Program. The Florida Department of Agriculture and Consumer Services, FDACS has implemented its own rules and regulations for the State of Florida. This is a lucrative business model with a lot of potential for growth. The Sellers have decided to go into the Cannabis side of the business in Colorado and are selling the established business to raise capital for their new venture. There are three (3) Partners dividing their time between the two businesses with 3 1099 warehouse people handling shipping & receiving. Partner one (1) is operations, the 2nd deals with the suppliers & the 3rd deals with compliance, product testing, labs, industry chemists, etc., to ensure they are selling products within the legal potency content limits. A ($100k) negative reduction to cashflow has been made to replace two of the three. A buyer may be able to replace their responsibilities for less & this is a good faith estimate only, buyer results may vary. The Sellers are willing to train & consult after the sale with the buyer to convey their knowledge. This is an excellent opportunity to get into the Hemp & CBD business with a turnkey going concern established business.

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Property Features and Assets:

Inventory: $75,000 (Included in asking price). Facilities: This Company was formed and operated in Florida prior to the Sellers relocating to Colorado. The business can be relocated anywhere in the United States subject to applicable State & Federal laws. Financing: The Sellers may consider Financing to a qualified Buyer with 50-70% down.

Market Competition and Expansion:

This is a profitable and growing business model through-out the United States as State laws become more friendly and accommodating to the industry. The Sellers are currently not trying to grow the business. There are many marketing avenues to promote growth on the retail and wholesale sides respectively. Support & Training: The Sellers will consult for up to 4 weeks at no charge to Buyer.

Reason for Selling:

Pursuing the THC products side of the industry.

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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