The company operates in the rapidly expanding CBD industry, with projections indicating that the market could triple in size by 2024. The business has already conducted market research, developed its branding, and partnered with top laboratories for product manufacturing. However, it currently does not generate revenue due to the absence of marketing efforts. Initially launched with an investor, the pandemic led to the investor's withdrawal from the project. Orders are processed via WooCommerce and are directly integrated with a fulfillment center in California through ShipStation for shipping management. The business is now being sold because of the investor's exit, although the owner remains open to continuing with a new investor. It presents an excellent opportunity for anyone interested in venturing into the CBD market, having navigated initial challenges over the past year.
The current inventory consists of 400 units valued at $7,000. The business boasts several assets, including brand assets, customer and supplier contracts, custom technology, a customer database, hosting accounts, marketing materials, a mailing list with 380 email addresses, and a range of digital assets like domains, social media accounts, and an e-commerce platform. The company has minimal social media presence, with 130 Instagram followers and no followers on other platforms. Post-sale support is included for buyers.
Im Edmundo Benzaquen, Currently im living in Panama City
Verification Complete
Email address
Phone number
Government ID
2 transactions totalling USD $34,000
Payment Methods
Escrow.com
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