Semi-Absentee, Highly Profitable & Established Wellness Retailer

Asking Price$725,000

Cash Flow
$241,993
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$918,110

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Semi-Absentee, Highly Profitable & Established Wellness Retailer


Asking Price$725,000

Cash Flow
$241,993
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$918,110

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
Easy to operate, easy to reloate, and well suited to first-time buyer
This is an incredible opportunity to acquire a highly-profitable, premier retailer in a rapidly growing industry. No Expertise is required. Everything is in place. current ownership only requires approximately 6 to 10 hours a week of managerial duties, providing an exceptional opportunity for an add-on, additional, or strategic business growth opportunity. Additionally, this business is easily relocable, and indeed doing so may yield some additional strategic benefits.

Finding a business that has been profitable, well-managed and has successfully navigated the regulatory environment to secure itself in a strong and stable position in the market can be far more challenging. This is what makes thia acquisition so appealing. This business has been run like a tight ship with strong customer loyalty and repeat business, stellar reviews, and strong earnings over the years. The elements needed for a smooth transition to a new owner are in place including outstanding vendor relations, an impeccable brand and reputation, great market positioning, and well-established relationships. Optimally, this business is best suited to a person already familiar with the hemp or cannabis space or someone who has experience in the ecommerce space. That said, as noted above this business requires only a part-time management commitment by the owner and as such could be coupled with the ownership and operation of other enterprises. Indeed, current ownership of a synergistic operation could yield significant strategic benefits.
About the Business
Years in Operation
7
Currently Relocatable
Yes
Market Outlook / Competition
The company operates as a premium player at the top of a rapidly growing market that has proven consistent and resilient over the course of 6 years. It does not actually make any products but rather sources and resells the best products available. So product development is not needed. The company has built a deep and loyal base and has a strong brand within the market.
Opportunities for Growth
Product expansion, expanded geographic distribution, and wholesale opportunities.
About the Sale
Seller Motivation
Owner has a number of business ventures and must focus on thse other businesses
Transition Support
The current owner is committed to the success of the business. They would include a minimum of a 30-day transition period
Listing Info
ID
2401271
Listing Views
662

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Business Listed by: Owen Nieberg Rocky Mountain Business Advisors

Listing ID: 2401271 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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