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6 yr old Turnkey Online CBD business

Santa Fe, NM, USA
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Cannabis Businesses For Sale | Ancillary Cannabis Businesses For Sale

Listing ID : 546588

Listed On July 6, 2024 View Count 300

Listing Updated August 1, 2024

Price :
$75,000(Price Reduced)
Business Overview :
Gross Revenue:
$43,000
Cash Flow:
$50,000
Growth and Expansion Opportunities:
Wholesale distribution would expand brand recognition and drive online sales. We did this before Covid, but then lost our retail contracts, and because of various family problems, never tried to get them back. Since then, this has been a one-woman very part time operation. Or, with some money put into advertising or social media, this business could expand exponentially. We have never advertised and all our sales are based on word of mouth connections. Right now this business is at a size that it takes just a few hours of work per week by one person, which is all that I have been able to manage.
License Details :
Business Location Details :
Terms :
Financing:
Cash, Financing , Owner Financing
NDA Required:
No
Support & Training Offered:
I will train you in all aspects of production. Production needs to be done in a state that doesn't require a hemp bottling license.
Reason for Selling:
I went back to school as a therapist and am now planning to move overseas.
Company Overview :
Description :

Profitable, turn-key business.  Online CBD store.  We have a nationwide following and unique, herbalist-created formulas that blend hemp with other medicinal plants.  

We built our following through in-person markets and word of mouth.  Our products work and are affordable.  Our customers are very loyal and we have a reliable profit.  What you are buying:  our brand, our formulas, our production/sourcing contacts, our mailing list, our Bigcommerce website, and a year’s worth of inventory (market value at least 60k).   

We used to sell wholesale to retailers and did very well in that area too.  If you want to move into wholesale, that is another area of potential growth.   Our average annual profit over the 6 years is 65k.  

Owner is moving overseas and can’t manage this operation anymore.   

Listing Highlights

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