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Exclusive Upscale Hemp-Based Wellness Dispensary
North CarolinaListing DetailsOffice ID: RETAIL12
Status: Active
Listing Broker: Joe Vagnone
Listing Price: $150,000
Gross Revenue: $189,093
Cash Flow: $52,841
FF&E: $65,645
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Reason for Sale:
Seller is moving from the area.
Training:
Seller will train a new owner - length of time and salary are negotiable.
OperationsYear Established: 2017
Form of Ownership: LLC
Employees (full-time): 1
Employees (part-time): 1
Managers: 1
Business Hours: Monday – Friday 12am-6pm, Saturday 12-5, and closed on Sunday
Summary
Business Description:
Founded in late 2017, this high-end upscale boutique hemp-based wellness store offers a unique product line not found anywhere else in the local market.  Located in a prime retail high traffic shopping area in the heart of the Lake Norman community, this successful business’s beautiful facility makes it stand out among its competitors. This store currently sells a specific brand name and products associated with this brand.  The sale includes licensing rights to the brand name.   With a seller ready to move from the area and focus on e-commerce, a new owner will be able to become a staple in the community, through continuing to educate and help customers. The owner is offering favorable seller financing terms for those that qualify. This opportunity will not last long with the explosive growth of  Lake Norman – inquire today!
Historical Summary:
Store was opened in November 2017 by the current owner.
Owner Qualifications:
Business management, basic bookkeeping, strong customer service / people skills, retail store management, cannabis knowledge preferred but not required, purchasing and inventory management, and basic business skills.
Competition:
With many competitors in the market area, this business distinguishes itself by offering superior customer service, competitive pricing in a bright and welcoming spa-like environment.

 

Potential Growth:
Potential growth is limited only by the creativity of a new owner.
LocationType of Location: Strip Center
Lease Expires: Mar 31, 2022
Monthly Rent: $2,000
Square Footage: 1000
Facilities:

This business is a 1,000 SF retail store, located in a busy strip shopping center.


Last Updated: Dec 7, 2021 / 5:52 AM
Financial Information Current As Of: Oct 20, 2021 / 7:41 AM