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Listing No.: 213-20259
Category: Retail
Asking Price | $1,499,000 |
Down Payment | $1,199,200 |
Gross Revenue | $2,107,986 |
Total Adjusted Net Income | $955,126 |
Equipment / Fixtures | $24,000 |
Year Established | 2013 |
General Location | 4 Locations |
PRICE JUST REDUCED FROM $1.7M - Contact me today for more details. Rare opportunity to acquire a profitable (clean financials) and well established CBD store with 4 locations in Arizona (Phoenix, Sun City, Tempe, Chandler) and an online store that services all 50 states in the US. Per the seller "Now is an excellent time to purchase this business as Prop 207 in Arizona passed making this company the perfect fit with existing Million+ revenues from the cannabis industry. Infrastructure is in place if the buyer wants to incorporate cannabis as part of this business." The Seller is the founder of the business and will provide 30 days of support for the buyer to share how this business has remained a leader in the CBD space. Per the seller "This was the first all CBD retail store in Arizona and has been the 'leader' in Cannabinoid education since day one. With over 150 educational videos on YouTube and website, the sheer amount of content can back up the claim of being the leader. This content keeps this business ahead of the competition who wants to sell CBD, but has no understanding of how it works biologically which is really what people want. This is why you need to seriously look at this company for your investment." Additionally, the seller is willing to come in as a consultant if needed after the training period. The online store will include the website and online presence, including a YouTube channel with 150 educational videos, email databases to send email campaigns, knowledgeable tech support person to handle the website and any social media pages. Additionally, a Standard Operating Procedure (SOP) binder of how to run the business, hire, train staff, procedures to open other stores, and key contacts for wholesale labs that manufacture the products sold. Contact me today, will not last long! All inquiring parties will need to complete a non-disclosure agreement before receiving any additional information.
Gross Revenue | $2,107,986 | Listed Price | $1,499,000 |
Total Income | $955,126 | Down Payment | $1,199,200 |
Base Rent | $5,884 | Square Feet | 4100 |
Total Rent | $5,884 | Lease Expiration | |
Rent Deposit | $5,800 | Lease Options | TBD |
Inventory | $92,000 | Leasehold Improvements | $3,200 |
Equipment / Fixtures | $24,000 | Other Assets |
Full-Time Employees | 1 | Training Period | 30 days |
Part-Time Employees | Special License Required | ||
Contract Staff | 5 | Reason for Selling | 5 years of 7 days a week - time to spend more time with family - also some health issues |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.