Listing ID : 890683
Listed On March 24, 2025 27
Listing Updated March 24, 2025
Listing Highlights :
Asking Price: $2M
Annual Revenue: ~$1.3M
Annual Net Profit: ~$360K
Location: Virginia Beach, VA (Brick-and-Mortar & Online)
Business Type: Established Retail + eCommerce
Reason for Sale: Owner focusing on new ventures
Overview
For sale: A highly profitable hemp retail store with a strong eCommerce presence and a growing DTC customer base. This turnkey business is ideal for investors or existing cannabis/hemp brands looking to expand their footprint in the fast-growing hemp-derived THC and CBD market.
Key Highlights:
✔ $110K+ monthly revenue, $30K+ net profit
✔ Loyal customer base (average order value $75, 3 purchases per customer)
✔ Strong online presence (20%+ sales from eCommerce, yet to tap into paid ads)
✔ Growing subscription & repeat revenue model
✔ Scalable operations – well-documented SOPs for smooth transition
Team: General Manager + 4 Part-Time Employees
Location: VA storefront + NC distribution hub
Sales Channels: In-store, website, organic SEO, email marketing/funnel
Growth Potential: Initiate paid ads campaign
Why Buy This Business?
Turnkey operation – profitable from day one
Growth potential – room for scaling paid ads, wholesale, and new product lines
Compliant business model – operating within legal hemp-derived THC regulations
Owner willing to assist with transition
Next Steps: Serious buyers only. NDAs required before sharing financials. Contact us for more details.
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