Profitable CBD Store for Sale

Asking Price$2,300,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$252,100

InventoryNot Disclosed

FF&ENot Disclosed

Virginia Beach Location
Well known local brand
Outstanding Team
Chesapeake Location
Virginia Beach Location
Well known local brand
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Profitable CBD Store for Sale


Asking Price$2,300,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$252,100

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Queens Green Dispensary is one of the only remaining profitable CBD businesses in the Hampton Roads area catering to Veterans and the Senior citizen populations with high-quality, lab-tested and state approved CBD and THCA products. Our customers boast about the knowlegable staff and quality products that actually work. The customer retention and return rate is 90% and we have a 98% customer satisfaction rate. If you are an expert in the CBD world or new to this market, Queens Green is an outstanding place to start your next chapter and has exponential growth opportunities.
About the Business
Years in Operation
5
Number of Employees
5
Facilities & Assets
This sale includes two CBD stores in prime locations in two very well populated markets. Both stores have a significant following and customer retention is at an all time high. The assets include all inventory and retail display cases, registers, furniture, safe, employee refrigerator, back office furniture, printers, computers, and other accutrements. Inventory includes white label gummies, tinctures, salves, bath balms, smoking accessories, and much more.
Website
https://www.queensgreenvb.com
Market Outlook / Competition
Business is centrally located in both Virginia Beach and Chesapeake with prime real estate off of major business thorough fares. While other stores have shut down, this brand has been a main stay for CBD customers in the local area.
Opportunities for Growth
This is a well known local brand and the only one in the area that has such a long history of outstanding customer service, product knowledge, and Virginia Department of Agriculture and Consumer Services approved product line. We have already expanded from one store to two stores.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,300
Rent
$2,835.00 per month
Lease Expiration
4/1/2026
About the Sale
Seller Motivation
Starting a new business in the Defense Sector
Transition Support
Queens Green has a well documented training manual and employee handbook and meets the standards for all Virginia Department of Agriculture and Consomer Services requirements. The outgoing owner would be able to provide simplified training for incoming owners and any future staff you would hire. Employee retention is very high and well trained.
Listing Info
ID
2400215
Listing Views
338
Business Location

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Business Listed by: Nicholas Rocha

Listing ID: 2400215 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.