Hot Listing

Highly Profitable Cannabis Hemp Dispensary 4 Locations + Website

Asking Price$1,000,000

Cash Flow
$350,000

EBITDA$300,000

Gross Revenue$1,500,000

Inventory$300,000
Not included in asking price
FF&E$50,000
Included in asking price
Charm City HempSave
Hot Listing

Highly Profitable Cannabis Hemp Dispensary 4 Locations + Website


Asking Price$1,000,000

Cash Flow
$350,000

EBITDA$300,000

Gross Revenue$1,500,000

Inventory$300,000
Not included in asking price
FF&E$50,000
Included in asking price
Business Description
Highly established and profitable Hemp/Cannabis dispensary with 4 brick and mortar retail stores and highly optimized e-commerce website. Over 10,000 subscribed emails for marketing. Square POS set up with link to Woo Commerce for online business. Credit card processing set up for in store and online purchases
About the Business
Years in Operation
6
Employees
15
Facilities & Assets
4 solid retail leases with all furniture, fixtures, and machinery. Federal hill location is over 2000 square feet for only 1500/month and has massive potential for additional use.
Website
http://www.charmcityhemp.com
Market Outlook / Competition
All locations are A locations including Belvedere Square, Downtown Fredrick (amazing location here and only game in downtown), Hampden on the Avenue (also amazing location almost next door to The Food market restaurant and across from the new Wolfe Foreman restaurant Duchess,) and Light Street in Federal Hill.
Opportunities for Growth
Potential to expand to new locations with current model. Could be changed into more of a smoke shop business if wanted (currently a high end boutique store). Website is already highly optimized through SEO and produces over $30,000 a month in revenue with ~1000 unique products.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,250
Rent
$3,800.00 per month
Lease Expiration
4/1/2030
About the Sale
Seller Motivation
Starting a new national wellness brand which requires all of our focus and resou
Transition Support
Will provide any needed support or training on business systems and website. Turn key set up for easy changeover. Immediate profit/salary for new owner of ~$300,000/year
Financing Options
We have four solid leases in place for the new 5+ years minimum
Listing Info
ID
2321603
Listing Views
3879
Business Location

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Business Listed by: Buck DeVan

Listing ID: 2321603 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.