Established Profitable CBD Manufacturer w/Tremendous Growth!

Montebello, CA (Los Angeles County)

Established Profitable CBD Manufacturer w/Tremendous Growth!
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Asking Price: $2,000,000

Cash Flow: $1,083,346

Gross Revenue: $1,702,296

EBITDA: N/A

FF&E: $73,450

Inventory: $80,000

Established: 2017

Established Profitable CBD Manufacturer w/Tremendous Growth!

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Business Description

Highly Profitable CBD Manufacturer

This CBD manufacturer is a health, wellness, fitness and beauty company that provides the highest quality natural product options that are made in the USA using the highest quality ingredients.

They initially got their start working with professional athletes who were suffering from injuries and concussions, and that were looking for a better option than harmful and addictive opiates. Now their products include those that are used for pain relief, anxiety, trouble with sleep, immunity, skin care and beauty. Their products help everyone from athletes, to active seniors, and even pets.

This business includes house brand products that are sold nationally as well as a white-label side of the business that generates significant income as well.
Their ability to recognize market opportunity also resulted in them launching a successful hand sanitizer line that actually moisturizes as it disinfects – providing the market with a much-needed option to those that are required to sanitize their hands multiple times a day.

As a CBD manufacturer, they are an early entrant in their space that has benefited greatly from celebrity endorsement as well as all of the free press that goes along with it.

This is a well-defined business that the Seller states is currently being run in about 25 hours per week.

So, if you are interested in getting a strong head start in an new market that is growing by leaps and bounds and is expected to grow by over 700% by 2023, then reach out for more information!

NO SPECIAL LICENSES REQUIRED TO WORK WITH CBD.

Detailed Information

Location:
Montebello, CA
Inventory:
Included in asking price
Employees:
15IC
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business has a leased location of 2,491 square feet with a total monthly rent of $2,192.08. Hours of operation Monday-Friday 11am-4pm. Included in asking price are $80,000 Inventory and $73,450 Equipment & Furniture.
Financing:
Will consider all offers
Support & Training:
30 Days 20 hours
Reason for Selling:
Other Business Interests and going to law school.
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Michael D. Preston

Business Listed By:
Michael Preston

First Choice Business Brokers LA

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).


Sponsoring Broker:
Adrianna Smith

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