This retail gem in the heart of Boulder is a turnkey opportunity for anyone interested in entering (or expanding) in the hemp and CBD business.
The listing price is supported by a 4X multiple of EBITDA, which is 26% and growing. Gross revenues are on pace to expand by 43% YOY. Based on the trailing six months, an owner/operator will clear over $100,000 drawing a P/T salary plus net profits. The financials are clean and debt-free.
More than $75,000 was invested in tenant improvements in this 1,500 square foot space. Custom display cases house a tantalizing curation of tinctures, edibles, topicals, hemp flower, and pet treats. Plumbing was upgraded with the addition of an ADA bathroom; concrete floors were poured and stained; all lighting was replaced.
A thousand square feet of flex space partitioned behind the retail area can be used for inventory, shipping, meetings and more. Two reserved parking spaces and many more general spots are available in this high-traffic mall. Four years remain on the attractive lease.
Opportunities abound. E-commerce continues to ramp and the store’s second best-selling brand is private label and suitable for distribution.
For additional information please reach out to the owner directly at Brian.firstname.lastname@example.org