Flippa
FOR SALE
Business Name

Confidential

Business Model
e-Commerce
Industry
Home and Garden

$741,510

Asking Price
Multiple 3.0x

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Huge Market, Excellent Profit Margins
This business owner has manually entered their financials

Facts and Figures

Location
Canada
Date of Founding
2015
Full-Time Staff
Owner Operated
Annual Revenue
$584,989
Annual Expenses
$338,640
Annual Net Profit
$246,349
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Recent Performance

Month February 2019 March 2019 April 2019
Revenue $60,621 $119,444 $119,444
Expenses $30,359 $41,675 $41,675
Net Profit $30,262 $77,769 $77,769

Business Description

This cannabis seed bank business is divided under two brands both of which are very well known and respected seed banks in Canada and that feature some of the best cannabis seeds strains for sale. The company’s mission is to help preserve cannabis genetics for generations to come while promoting the need to control and regulate cannabis under a legal framework.

How does your business make money?

Cannabis Seed Banks

Why should someone buy this business?

The business has continued its growth this year with sales up 20%. The company enjoys high net profit margins of about 42% and is currently averaging profits of approx. $21k USD per month for the Trailing 12 Months!

How can the future owner improve this business?

With a solid foundation, strong brand awareness, success to-date, the legalization of cannabis nationwide in Canada and expanding cannabis legalization in the U.S., these sites are poised for tremendous growth by adding/ growing email marketing and/or newsletter, increasing social media marketing as well as continuing to grow the affiliate base.

Why are you selling this business?

Pursue Other Interests

Business Strengths

  • Customer Service
  • Evergreen Niche
  • High Profit Margins

Opportunities for a new owner

  • Start Selling into New Markets
  • Capitalise on the Emerging Market

Marketing

  • Affiliate Marketing
  • Email Marketing

Assets

  • Customer databases
  • Domains
  • Inventory on hand or on order at the time of closing
  • Social media accounts

Post sale support

This is support provided by the seller when transitioning the business to a buyer.

Included

Confidential

United States