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Booming Hemp Company in Middle TN

$1,250,000.00

Description

Listings Number: 887

For sale is a fast-growing Hemp company. The business sells online as well as through a storefront in middle Tennessee. Strong reputation and social media presence 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 wholesale and individuals. 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, business 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%).

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Asking  Price: 
$1,250,000

Gross  Revenue: 
$2,181,610

Adjusted Net Income: 
$520,291

General Info:

  • Asking Price: $1,250,000
  • Gross Revenue: $2,181,610
  • Total Adjusted Net Income: $520,291
  • Equipment / Fixtures: $10,000
  • Inventory: $50,000
  • General Location: Middle Tennessee

Lease Info:

  • Square Feet:  3,900
  • Total Rent: $2,500
  • Lease Expiration: 12/2028
  • Lease Options: Yes
 
 

Additional Information:

  • Full-Time Employees: 1
  • Part-Time Employees: 3
  • Training Period: 4 weeks
  • Reason for Selling: Other
 
 

Jason Roberson

For more information on this business contact Jason:

Office: (615)-850-4420
Cell: (615)-601-1435
Email: jason@nashbb.com

Looking to Sell?

Nashville Business Brokerage is here to guide you through a seamless and rewarding selling process. Our team of experienced professionals is dedicated to maximizing the value of your business and ensuring a smooth transition. Take the first step toward a successful business sale by scheduling a consultation today.

Contact us now to get started.