Business Highlight:
This business is no longer for sale
Profitable eCommerce brand selling water-soluble CBD with a mission to enhance overall mental health, physical wellness, and community, while creating a more balanced and fulfilling life. These products are one-of-a-kind with healing ingredients for the mind, body, and soul.
All of the hard work in setting up a business has been done for you! Branding, packaging, shipping, inventory, e-commerce site, and over 1,500 customers already in place.
It's now a successful, profitable turn-key business ready for a new owner to take over and scale to the next level.
Business currently has $250,000 value (Retail) inventory in stock, valued at $90,000k wholesale.
Company Features:
- Business model and pricing: Direct to consumer and subscription.
- Tech stack this product is built on: Shopify, (Shopify APPs), Authorize.net
- Product competitors: Soul CBD, Purecrafthemp, Mellodaily
Growth opportunity:
These products currently are in zero (0) retail stores. The retail potential is HUGE. Business grossed $184k in the first year with very minimal paid advertising. A new owner could really blow this out of the water by giving it the backing needed to get proper advertising to increase sales and monthly subscriptions.
Key assets
Reason for selling:
Founders have decided to sell this company because they both are passionate about other businesses that they are growing. This company was founded by two best friends, and after 1 year with 0 loans and 0 investors, they have build a solid foundation, social media and products that they believe to be a household name brand, with the proper advertising and backing behind it to get this product out there.
These products currently are in zero (0) retail stores. The retail potential is HUGE. Business grossed $184k in the first year with very minimal paid advertising. A new owner could really blow this out of the water by giving it the backing needed to get proper advertising to increase sales and monthly subscriptions.
- Hire a B2B sales team
- Expand to new markets
- Increase digital marketing
- Improve conversion rates
- Focus on SEO
Key assets
- Website
- Social media accounts
- Domain
- Mobile application
- Marketing materials
- Brand
Reason for selling:
Founders have decided to sell this company because they both are passionate about other businesses that they are growing. This company was founded by two best friends, and after 1 year with 0 loans and 0 investors, they have build a solid foundation, social media and products that they believe to be a household name brand, with the proper advertising and backing behind it to get this product out there.
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