LAS VEGAS, Nevada
| Asking Price |
$4,800,000 |
Year Established |
2019 |
|
| Annual Revenue |
$6,265,579 |
Reason for Selling |
The seller is relocating and the business requires a local hands-on owner. |
|
| Annual P/L |
$828,740 |
Attention |
Trent Lee |
|
| Annual Cash Flow |
$0 |
Listing Number |
1017360 |
|
| # of Employees |
65 |
Business Category |
Retail: Smoke & Vaping Shops |
|
Business Overview:
This is a well-established, profitable CBD and wellness retail and e-commerce business operating multiple locations in a high traffic, tourism driven U.S. market. The company combines strong in person sales with established online channels, providing a buyer with immediate retail revenue and meaningful potential to expand repeat digital sales.
The business offers a broad assortment of topicals, tinctures, gummies, vitamins, supplements, and related wellness products serving both every day and premium customers. The portfolio includes exclusive formulations, while production and third-party lab testing are handled by an established manufacturing partner. This model reduces in house production complexity and allows the company to focus on sales, customer experience, operations, and growth.
The company operates as an established multi-unit retail platform supported by trained sales teams, experienced store level management, centralized operational oversight, established supplier relationships, and an e-commerce presence. Written SOPs, job descriptions, KPIs, training systems, and performance goals are already in place, providing a buyer with an established operating infrastructure rather than a business that depends entirely on its owner.
The opportunity is well suited to a buyer with experience in retail, multi-unit operations, e-commerce, or team leadership. Prior CBD experience is not essential, although the buyer should be comfortable operating in a regulated product category.
There are multiple opportunities for continued growth, including expanding the retail footprint, increasing e-commerce revenue, developing stronger repeat purchase and customer retention programs, expanding B2B and wholesale distribution, and continuing to broaden the company's wellness product offering. The existing operating platform, supplier relationships, and management structure provide a strong foundation for a buyer to pursue these additional growth channels.
The owner is selling to focus on other ventures and is committed to providing substantial transition support and training. The business also has an experienced management and sales team, providing valuable continuity through the transition.
Interested, qualified buyers may request a confidential opportunity summary containing financial information, photographs, and additional operating details. An NDA will be required before those materials are released.
Property Features and Assets:
<p>This is a listing of 4 leased locations of 850; 2,200; 500; & 500 square feet with a Total monthly rent of $1,585,188. Lease ends 06/2030 with one, five-year option. Seller is active with 35 FT and 30 PT employees. Hours of operation are 9:30 A.M. - 9:00 P.M., seven days/week. $75,000 in inventory included in the asking price. Hemp license required.<br></p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity