2 Location CBD & Smoke Accessory Retailer
Asking Price: | $425,000 |
Gross Revenue: | $999,586 |
Established Year: | 2018 |
Cash Flow: | $195,484 |
Inventory: | $121,771 |
Established Operations and Strong Growth Potential
Two established retail businesses in Greeley, Colorado, are now available for acquisition. Founded in 2018, these businesses were built on a foundation of providing superior products and exceptional customer service. With two distinct locations in high-traffic shopping centers, they offer a diverse product range to cater to a broad customer base. The businesses prioritize quality, sourcing premium products across various categories. Their product mix includes: kratom and kava, featuring an exclusive house brand known for its purity and potency; nicotine products carrying popular brands; CBD products, featuring reputable brands; detox products and smoke accessories, including glass pieces from various artists. A key differentiator is their commitment to customer education and personalized service. This focus has cultivated a loyal customer base with frequent repeat business and participation in a loyalty program. One location, situated on the west side of Greeley in a bustling shopping center anchored by a major grocery store, attracts a diverse clientele, primarily aged 31-50. This area is experiencing significant growth, with a projected population increase of 89%, ensuring a steady influx of new customers. The second location, in central Greeley, caters to a slightly younger demographic (20-35), predominantly male, and also benefits from consistent traffic due to its proximity to restaurants and a liquor store. These established businesses present a compelling acquisition opportunity in a growing market. Their strong reputation, diverse product portfolio, and strategic locations offer significant growth potential for a new owner. The evolving landscape of legalized substances also presents future opportunities for expansion.