CBD Retail Store – Bergen County, NJ

Price: $350,000

Location: Bergen County, NJ

Industry: Retail

Listing ID: 04122022

This is a popular retail and online CBD (cannabidiol) store selling a wide variety of popular, legal for trade, CBD related products. Great location in a highly regarded town in northern NJ with very low overhead. Growing sales, great demand, excellent margins, and great opportunity for those interested in retailing CBD products to a growing demand for both recreation/relaxation as well as health and wellness. CBD has become increasingly popular in the health and wellness industry for its potential for providing relief from pain, inflammation, and anxiety in addition to its general relaxing, non-psychoactive properties.

CBD (cannabidiol), is a plant derivative found in the cannabis sativa or hemp plant. It is used to make products that calm, soothe and relax both the mind and body such as edibles like gummies, chocolates, coffee, tea, drinks, sweets, tinctures and oils. There are also products to smoke (flower), vape (oils), skin care products, relief balm, and even pet care pain relief products and treats. All products are highly tested, 100% legal, and source from major industry suppliers for reliability.

• Price: $350,000 + inventory
• Gross Revenue: $150,000
• Inventory: $18,000
• FF&E: $25,000
• Down Payment: Negotiable
• Rent $1,100

Seller has related industry experience and opened this CBD shop when the location he had his eye on became available. He is now ready to go back to other interests and looking to find a buyer to continue growing this business. Seller will assist with a transition and training as needed.

Listing Details

Gross Revenue: $150,000

Cash Flow: $50,000

FFE: $25,000

Inventory: $18,000

Terms and Conditions?:

Licensed by the Department of Health

Reason For Sale:

Seller is seeking other interest

Training & Support:

Seller will support and train to ensure a smooth transition.

Operation

Year Established: 2020

Employees: 1 FT 1 PT

Location

Type of Location: Single Location.

Square Footage: 500 sqft

Summary

Potential Growth:

There is plenty of potential growth and expansion.