Listing ID: 200732
Location: New Bern, NC
Successful, growing, botanical remedies retail business offering high end CBD and Kratom based products. Four established locations, all within 1.5 hours of each other in Eastern NC._x000D__x000D_
Shops are outfitted elegantly and clean. Staff is very knowledgeable on the products. These are not smoke shops._x000D__x000D_
Asking price includes store furniture and two vans._x000D__x000D_
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Owner is absentee, with no day to day operational involvement. Manager and Assistent Manager in place who handle procurement, staffing, and are also working in the shops. _x000D__x000D_
Buyer should have an affinity to the product portfolio to make strategic decisions in collaboration with the management, and to continue to drive growth. _x000D__x000D_
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This business does not qualify for an SBA loan due to its product portfolio. Seller is open to finance a minor portion of the purchase price for qualified buyers, subject to negotiation._x000D__x000D_
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2019 - SDE: $224,228 Sales: $1.15M_x000D__x000D_
2020 - SDE: $235,986 Sales: $1.19M_x000D__x000D_
2021 - SDE: $305,000 Sales: $1.37M
Other Business Endeavors
Leased
The seller will train the new owner for a certain amount of time to assist in the transition.
Located in a fast-growing region, with no comparable business in regards to store concept.
Rapidly growing demand for the products portfolio.
Successful, growing, botanical remedies retail business offering high end CBD and Kratom based products. Four established locations, all within 1.5 hours of each other in Eastern NC._x000D__x000D_
Shops are outfitted elegantly and clean. Staff is very knowledgeable on the products. These are not smoke shops._x000D__x000D_
Asking price includes store furniture and two vans._x000D__x000D_
_x000D__x000D_
Owner is absentee, with no day to day operational involvement. Manager and Assistent Manager in place who handle procurement, staffing, and are also working in the shops. _x000D__x000D_
Buyer should have an affinity to the product portfolio to make strategic decisions in collaboration with the management, and to continue to drive growth. _x000D__x000D_
_x000D__x000D_
This business does not qualify for an SBA loan due to its product portfolio. Seller is open to finance a minor portion of the purchase price for qualified buyers, subject to negotiation._x000D__x000D_
_x000D__x000D_
2019 - SDE: $224,228 Sales: $1.15M_x000D__x000D_
2020 - SDE: $235,986 Sales: $1.19M_x000D__x000D_
2021 - SDE: $305,000 Sales: $1.37M
Other Business Endeavors
Leased
The seller will train the new owner for a certain amount of time to assist in the transition.
Located in a fast-growing region, with no comparable business in regards to store concept.
Rapidly growing demand for the products portfolio.