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Booming Hemp Company In Middle TN For Sale

Middle Tennessee, Tennessee, US
Asking Price:
$1,250,000 Furniture / Fixtures included
Sales Revenue:
$2,181,610
Cash Flow:
$520,291

For Sale is a fast-growing hemp company. The business sells online as well as through a storefront in middle Tennessee. Strong reputations and social media presences have driven much of the growth without a lot of investment in advertising.

Products are produced in-house as well as bought from suppliers and repackaged. Customers include wholesalers and individuals. The owner only works in the business P/T. For more information, please use the contact form to submit an inquiry and a confidentiality agreement will be sent to you right away.

Note: Based on the industry, businesses would likely not be eligible for an SBA loan. Confidential information will not be released to buyers who do not have a plan for financing if needed. Sellers would only consider limited seller financing (up to 25%).

Property Information

Real Estate:

Lease

Lease Terms:

Current lease expires December 2028. One option for renewal.

Leasehold Rent:

$30,000 per annum

Location:

Located in Middle Tennessee on a busy thoroughfare.

Premises Details:

3,900sqft.

Size in square feet:
3,900

Business Operation

Expansion Potential:

Investment in advertising, adding additional wholesale clients.

Competition / Market:

Other Hemp companies in distribution and wholesale.

Reasons for selling:

Other Business Opportunity.

Employees:
4

Other Information

Support & training:

Current owner will help train buyer.

Furniture / Fixtures value:
$10,000 - included in the asking price
Inventory / Stock value:
$50,000