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4 Locations

  • Listing No.: 213-20259

  • Category: Retail

Asking Price $1,300,000
Down Payment $1,100,000
Gross Revenue $2,107,986
Total Adjusted Net Income $955,126
Equipment / Fixtures $24,000
Year Established 2013
General Location 4 Locations
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PRICE JUST REDUCED FROM $1.7M - Contact me today for more details. The seller is only considering cash offers at this point and willing to carry a seller carry note of a maximum of $200K. 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 $1,300,000
Total Income $955,126 Down Payment $1,100,000
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.

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