Absentee Owner Operated Lucrative CBD Shop For Sale in Southeast Louis
| Asking Price: | $199,000 |
| Gross Revenue: | $451,389 |
| FF&E: | $5,500 |
| Cash Flow: | $93,000 |
| Inventory: | $30,000 |
| Established Year: | 2017 |
Sunbelt Business Brokers of the Northshore presents this exceptional retail opportunity to own a profitable CBD shop in the heart of southeast Louisiana. Whether you're an owner-operator seeking a hands-on venture or looking to implement a management team, this unique business offers tremendous potential.
Situated in a prime location, this well-established CBD shop caters to a growing market. In addition to a wide range of CBD and THC products, the store also offers glassware, smoking accessories, and herbal supplements. Customers appreciate the diverse selection and knowledgeable staff who provide excellent customer service.
Although the store faced challenges during the COVID-19 pandemic, it achieved over $450,000 in sales in 2022 and previously generated nearly $700,000 in annual revenue. With the easing of restrictions and increasing consumer demand, the business is poised for significant growth.
Currently, the shop operates with two dedicated full-time employees, complemented by an absentee owner. This setup allows for flexibility and the potential to optimize operations.
This is a remarkable opportunity to take over a thriving CBD shop with an established customer base, a favorable location, and a proven track record. Act quickly to capitalize on this lucrative business venture. Schedule a viewing today and explore the exciting possibilities of becoming the new owner of this successful CBD shop!
