2 Location CBD & Smoke Accessory Retailer

Greeley, CO
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Asking Price:$425,000
Gross Revenue:$999,586
Established Year:2018
Cash Flow:$195,484
Inventory:$121,771
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Greeley, CO
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,800
Employees
5
Facilities
2,800+ sq. ft. leased retail space.
Support & Training
Included
Reason for Selling
Pursue other interests
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Erik
Porter
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Erik Porter