Flippa
FOR SALE

Pot Luck

Business Model
e-Commerce
Industry
Lifestyle

$40,000

Asking Price
The Pot Luck is a brand in the cannabis industry, specializing in selling accessories in the e-commerce space, founded in 2017 in Toronto, Canada
This business owner has manually entered their financials

Facts and Figures

Location
Canada
Date of Founding
2017
Full-Time Staff
Owner Operated
Annual Revenue
$82,236
Annual Expenses
$49,956
Annual Net Profit
$32,280
Profit and Loss
Evidence of Revenue
Note: Where the business is less than 12 months old the annualized data represents total sales for the period of operation.

Business Description

With the legalization of cannabis across Canada and some parts of the US, the market is growing and will continue to grow over the years to come. We sell popular smoking accessories through our online store.

How does your business make money?

We make money from selling our cannabis accessories through our online store. We drive traffic through our strong social media presence, influencer and affiliate marketing. A large amount of our traffic comes through our Instagram page where we have over 55k followers.

Why should someone buy this business?

This company has been profitable since inception, lodged in a growing market, with a strong foundation in place, this company is ready to take the next step.The global legal marijuana market is expected to reach USD 146.4 billion by end of 2025, according to a new report by Grand View Research, Inc.

How can the future owner improve this business?

  1. Email marketing is something that can be largely improved. We have an email list of over 6k, with email marketing, revenue of store can greatly increase.

  2. Increase Ad spend. Larger marketing campaigns has shown to bring to larger returns for us.

In this quickly growing market, scaling to larger numbers should be no problem under new ownership.

Why are you selling this business?

Personal lifestyle change. After operating Pot Luck long enough, I have decide to take my life in a new and different direction—one that doesn’t include this business.

Business Strengths

  • Customer Service
  • Scalable Business Model
  • Strong Manufacturing Relationships
  • The Business Is Currently Growing
  • Overall Market Size

Opportunities for a new owner

  • Launch New Products
  • Capitalise on the Emerging Market
  • Advance or Explore Retail / Distribution Partnerships

Key day-to-day operations

  • Customer Support / Service
  • Order Fulfilment

Marketing

  • Affiliate Marketing
  • Influencer Marketing
  • Instagram Advertising

Inventory

Units
1,300
Value
$1,500

Assets

  • Brand assets
  • Customer databases
  • Domains
  • Existing manufacturing relationships
  • Inventory on hand or on order at the time of closing
  • Marketing materials and collateral
  • Relevant email accounts
  • Social media accounts
  • Website files, source code and content

Social Media

Facebook
300 followers
Twitter
200 followers
Instagram
56K followers

Post sale support

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

Included

About the Seller

Private Seller

Darryl Carmelo

Canada

My name is Darryl, an enthusiastic entrepreneur, who has started many successful e-commerce business.

Contact Seller