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Independent Cannabis Retail and Electronics Sales

Off-Market

Washington D.C.

An Independent Cannabis Retail And Electronics Business  The Business Sells Electronics Including Phones, Screens, And Security Systems As Part Of Wholesale Operations

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Revenue

$1,500,000

Earnings (SDE)

$150,000

Margin

10.0%

Year Established

1995

Listed

Past Month

Customers

Retail sales comprise 90% of total revenue, with commercial and government contracts each representing 5%

Customer Acquisition

The business maintains a robust social media presence and website. Word-of-mouth relationships and referrals contribute to customer acquisition. The prime location near a metro station drives significant foot traffic.

Team

The business currently employs approximately five front-line 1099 staff members.

Owner's Role

The owner serves as the principal decision-maker and manages agreements with T-Mobile and product vendors. The owner is primarily customer-facing and handles frontline operations.

Reason for Selling

The owner is experiencing burnout after 25 years of continuous operation. The owner sustained a knee injury last year and is currently in rehabilitation. The owner is seeking an exit while the business remains profitable.

Contracts

Yes

Real Estate

No

When Are You Looking to Sell

ASAP

Licenses Required

Yes, the business holds a cannabis retail license All required commercial licenses for electronics and cell phone operations are in place

Business ID: 1918

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