Retail
Delivery
Cultivation
Manufacturing
Testing Labs
Edibles
Coconino County, AZ
Established: 2022
Business Description:
Excellent opportunity to acquire and grow two franchised, retail CBD stores, that are nationally branded. Located in two prime locations in Northern Arizona, both stores are in shopping plazas with well known anchor stores and are right off major thoroughfares, with ample parking. Products offered include gummies, tinctures, topicals, vape pens, smoke-able hemp, beverages and beverage enhancers, which are designed to assist with anxiety, low energy, pain and loss of focus. The stores also offer pet products, bath balms and soaks and a new product formulated to assist with weight loss. There are COAs, or Certificates of Analysis, for all the products, which verify quality and purity. The stores have a clean, appealing design that sets them apart from older smoke shops and medical dispensaries. This is an excellent choice for a buyer who can provide hands on management, which could pay dividends over time. The franchise fee is low by industry standards and revenues from Internet based orders are shared by the franchisor with franchisees. NDA and POF required. Seller is represented by Karen Marie Muller, Arizona Broker License #BR687753000.
Coconino County, AZ
Each store is approximately 1,000 square feet and under NNN leases expiring in 2027, at market rents. Both are located in shopping plazas with well known anchor stores and are right off major thoroughfares, with ample parking.
Seller is amenable to seller financing for a portion of the purchase price.
Seller and franchisor can provide support and training to the buyer.
Seller wants to focus on its Southern Arizona stores.
Karen Muller – karen@cannabis-brokers.com
(949) 280-3092
AZ - Karen Marie Muller is the Arizona Broker for all Arizona listings. Broker #BR687753000
EBITDA: $800,000
FF&E: $100,000
Rent: $2,500 per Month
Inventory: $280,000
Established: 2010
Business Description:
Seller manufactures and distributes CBD rich tinctures, salves, balms, lotions, sprays, capsules, vapes, gummies, bath bombs, bath salts and face serum & creams online and through retail outlets. Seller also manufactures and distributes THC rich tinctures, salves, balms, lotions, sprays, tinctures, capsules, vapes, bath bombs and salts through AZ licensed dispensaries. Seller was founded as a hemp based company in order to fulfill the need for effective, legal CBD-rich products. It later partnered with a large AZ Dispensary in order to bring effective THC rich wellness products to the market. Seller has consistently grown its net revenues with minimal marketing, through word of mouth and kept costs low with efficient operations. NDA and POF Required. Arizona Broker is Karen Marie Muller AZ #BR687753000
AZ - Karen Marie Muller is the Arizona Broker for all Arizona listings. Broker #BR687753000
Leased
2,000
Included in asking price
3
Seller rents 2,000 square feet of manufacturing and distribution space for $2,500 per month including utilities. In addition, Seller leases space at a large Arizona dispensary in order to manufacture THC wellness products under the dispensary license and then distribute them at the dispensary and to other dispensaries. All arrangements are month to month.
Since its founding, Seller's brands have received multiple awards and recognition for their uniquely formulated health and wellness products. Years of research went into developing proprietary formulations, whereas many CBD companies simply use white labeled products. Brand names used are federal and local trademark protected.
Growth in sales has been organic through word of mouth. There has been no sales and marketing budget and no SEO purchased for CBD website sales. Implementing a sales and marketing budget/team would be the next logical step to achieve higher sales. Expanding to other states, distribution deals or franchises are all possibilities that should be considered by a buyer. Seller recently recently expanded into 5 dispensaries in Missouri and is working to establish a marijuana kitchen in order to also offer edibles in Arizona.
Current key team of employees can stay and/or assist on a transition. Minimal to no owner oversight needed for day-to-day operations if current employees are retained.
Retirement
Karen Muller – karen@cannabis-brokers.com
(949) 280-3092
Cannabis Business Brokers currently has a number of private, off-market listings (pocket listings) listings in California
Contact Karen Muller at 949-280-3092 or at karen@cannabis-brokers.com for additional information.