eCommerce with $2,187,181 in TTM revenue and $129,265 in revenue last month that was founded to help people unlock the health benefits of CBD and hemp-infused products. With the lift of a large social presence, the company was immediately profitable with gross margins of 70% - 90% based on product category. ✅ $2,187,181 in TTM revenue ✅ $129,265 in revenue last month ✅ $30,014 in profit last month ✅ Line of credit ($800,000 balance) ✅ Competitors: Cornbread Hemp, cbdMD, Medterra
With more than 40,000 past customers in the US, 95,000+ followers on social media, and an email database of more than 90,000, growth should be achievable in short order. We recently launched our non-CBD products on Amazon and have enjoyed tremendous success on this new sales channel as well. Combined with the immediate savings of approximately $30,000 in monthly executive compensation which can be applied to marketing, growth, or debt reduction, there is great potential for a new owner to quickly scale the business while enjoying ongoing compensation as well.