Pending Sale
Strong Player in the Growing CBD Market
Asking Price: $1,720,000
Description
CBD is one of the fastest-growing industries and is showing no signs of slowing down! According to the Marketing Forecast Report, the CBD industry is currently experiencing substantial growth and is projected to grow at a rate of 23.3%, reaching $49.22 billion by 2028. This growth is largely fueled by the increasing use of CBD in medical applications, supplements, beverages, and skincare products. As a premier online destination specializing in high-quality CBD products, the company aims to harness the therapeutic potential of CBD to improve the wellness and quality of life for its customers.
The business operates on a 100% direct-to-consumer model, leveraging online platforms for sales, marketing, and customer engagement. All products are sourced, manufactured, and fulfilled in the United States. One owner successfully runs the business working less than 20 hours per week. With a substantial email list, recurring revenue, and a streamlined business model, this business is strategically well-positioned in a market with vast potential to become a prominent name in the CBD space.
With all of the heavy lifting done to establish the brand, this is an amazing opportunity for any buyer looking to acquire an e-commerce business with a high-quality product line and lots of room for future growth in the ever-expanding CBD industry!
Key Benefits
- Made-In-USA
- Quality Product Line with Brand Recognition
- Strong Customer Base - with 208,830 subscribers
- Stable Revenue and Profitability
- Scalable Business Model
- Skilled Team
- Great Market Position
- Significant Growth Opportunities
Financial Overview
| Gross Revenue | $5,095,539 |
|---|---|
| Cash Flow | $596,892 |
| Year Established | 2021 |
| Employees | 0 |
| Inventory | N/A |
Other Information
| Category | Ecommerce |
|---|---|
| Industry | Cannabis |
| Location | USA, Georgia (Cobb) |
| Home Based Business | Yes |
| Seller Finanacing Available | No |
| Income Sources | Products/Services |
Growth
This business has been a solid performer! Building upon its established foundation, there is huge potential to continue to expand this internet business in a fast-growing niche. Strategies to continue business growth and profitability are:
- Expand Product Lines
- Enhance Online Presence
- Focus on Quality and Compliance
- Strategic Partnerships and Collaborations
- International Expansion
Competition
Although there are other competitors in the space, this business’s competitive edge lies with their customer service agents employed exclusively instead of outsourcing, higher standard and rigorous testing of products, and low overhead.