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EW010 -Cannabis Seeds and Hemp Merchandise On Line Sales & Retail Shop

Asking Price: GBP 75000
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Business Location: United Kingdom » Others » West Yorkshire 
Category: Agriculture » Agricultural Supplies
Description:
Cannabis Seeds and Hemp Merchandise On Line Sales & Retail Shop
Ref.EW010
Location West Yorkshire
Asking Price £75,000
This is a unique opportunity to acquire a niche business that retails legally, both on line and through their own shop, Cannabis Seeds and Hemp Merchandise, as souvenirs. Whilst it is against the law to grow and germinate Cannabis, unless you have a license, it is completely legal to sell the seeds as souvenirs to the public.

The company has a thriving website with a large range of strains available, which are sold in packets of ten seeds ranging from £12.60 to £500 per packet. They have a growing database of circa 5,000 subscribing customers and the company keeps in regular contact with them sending out a regular newsletter plus keeping in touch with over 600 “Facebook” fans.

The business has grown quickly within a short space of time, and the strength and money back guarantee of the website, plus the on line marketing have been the major reasons for the success. The company has a strong supply chain and a good relationship and credit facility with the main UK distributor.

Fully systemised complete with operations manual

There is great growth potential for this company to increase its turnover and profits with a number of avenues to explore. They have developed a fully operational systemized business which offers their customers a speedy and reliable delivery service, with free delivery anywhere within the UK and for clients who prefer, the facility to visit their own retail outlet and purchase directly from knowledgeable and friendly staff.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
137000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N.A.
Year Established: 2008
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Reasons for selling:
For personal reasons, each of the owners have decided to go in separate business directions and wish to sell the company as a going concern.
Market competition and expansion:
N.A.
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