RETURN TO RESULTS
Absentee Owner Retail Chain
Location: Jacksonville, NC
ID: (#200732)

Price:$700,000
Revenue:$1,200,000
Cash Flow:$240,000
FF&E (Assets):$20,000
Inventory:$140,000
Real Estate:$0
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Overview
Successful botanical remedies retail business offering CBD and Kratom based products. Four established locations within a 45-mile radius.
Clean and upscale environment, very knowledgeable staff. Absentee owner.
This Business was not impacted by COVID
Jan-Dec 2019 - SDE: $224,228 Sales: $1.50M
Jan-July 2020 - SDE: $121,497 Sales: $602,000
Details
Reason for Selling:
Other Business Endeavors
Established:
2018
Employees:
12
Furniture, Fixtures, and Equipment (FF&E):
All furniture and fixtures currently in the retail locations are included in the sale. The dollar amount listed is estimated fair market value.
Facilities:
Leased
Competition:
Located in a fast-growing region, with no comparable business in regards to store concept.
Opportunities for Growth:
Rapidly growing demand for the products portfolio.
Support and Training
The seller will train the new owner for a certain amount of time to assist in the transition.
Broker Contact Information
- Regina Fisher
- North Carolina - Wilmington
- (910) 520-0737 Mobile
- (208) 401-9523 Office
- (208) 248-5610 Fax
- regina@bristol.group
- By Appointment Only
- Bristol Group Carolina
- North Carolina - Wilmington
- By Appointment Only
- Wilmington, North Carolina
- Real Estate Broker: Bristol Group Carolina