RETURN TO RESULTS

Absentee Owner Retail Chain

Location: Jacksonville, NC

ID: (#200732)

200732
Price:$700,000
Revenue:$1,200,000
Cash Flow:$240,000
FF&E (Assets):$20,000
Inventory:$140,000
Real Estate:$0

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

broker Regina Fisher
Read Full Bio...
  • Regina Fisher
  • North Carolina - Wilmington
  • (910) 520-0737 Mobile
  • (208) 401-9523 Office
  • (208) 248-5610 Fax
  • By Appointment Only
  • Bristol Group Carolina
  • North Carolina - Wilmington
  • By Appointment Only
  • Wilmington, North Carolina
  • Real Estate Broker: Bristol Group Carolina