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Ecommerce CBD Wholesale Business in Leicestershire Offers Diverse Range of Products

Undisclosed, Leicestershire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    16/06/22

  • Advert ID

    297103

  • Reference

    B06860 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Ecommerce CBD Wholesale Business

Business
Through a specialist wholesale website, the company provides CBD, smoking, and vaping products. Supplying to all business types, from online retailers and independent stores to multinational retail chains, the company distributes and wholesales a growing range of popular bulk CBD, CBG smoking accessories, vaping and sexual performance enhancement products to business and trade customers across the UK & Europe.

The company also has its own brand, for which it manufactures a select range of products in-house. The company in turn uses external manufacturers to white label other product ranges.

The company was incorporated in October 2020, and in the short amount of time in which it has been operating, has attained a high monthly turnover. For example, it generated £178k in revenue during the month of March 2022.

A breakdown of the company’s products are as follows:

Manufactured In-House -

  • CBD Tobacco Alternative Pouches
    CBD Hemp Pre-Rolled Cigarettes
White Label Products -

  • CBD Vape Pens
  • CBD Vape Liquid
  • CBD Edibles
Resale Products -

  • CBD Products
  • Vaping Products
  • Shisha Products
  • Smoking Accessories
  • Sex/Adult Products
A breakdown of the products against turnover are as follows -

  • CBD Tobacco Alternative Pouches, CBD Hemp Pre-Rolled Cigarettes – 15%
  • CBD – 40%
  • Vaping – 25%
  • Smoking Accessories – 10%
  • Shisha – 5%
  • Sex/Adult Products – 5%
The business is well-placed to scale up and would benefit from an additional investment in marketing and by hiring additional staff members. In addition, the business is in the early stages of implementing a white label and drop-shipping service, having already designed logos for each.



Location
N/A



Premises
Operating from a rented premises. 



Tenure
Leasehold opportunity



Hours
Due to the nature of the business, it operates all year round. 



Staff
There are currently 2 active directors, and a staff consisting of five full-time employees, and three casual workers.



Financial Profile
100% share sale

Prospective purchasers will be required to sign an NDA.



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Contact Agent

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Ecommerce CBD Wholesale Business - B06860 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.