Established CBD & Wellness Retail Store in Busy Mall - Niles, Ohio
Financial Details
- Asking Price:
- $74,900
- Annual Revenue:
- $190,173
- Cash Flow / SDE:
- $27,135
- Profit Metric:
- Total Revenue
- Valuation Multiple:
- 2.8x
- Location:
- Niles, OH, US
- Source:
- Date:
- September 23, 2025
Key Highlights
Description
This listing presents a well-established CBD and wellness retail store situated in a busy mall in Niles, Ohio. Since its inception in 2019, the business has cultivated a loyal customer base and developed strong branding. Its product offerings are extensive, notably including exclusive mushroom chocolates that are legally permitted under Ohio law. The current owner operates absentee and is looking to transition the business to a new operator to focus on other ventures. This is described as a turnkey opportunity, featuring an affordable and transferable lease in a high-traffic location. The business employs 2 full-time and 1 part-time staff. Inventory is valued at $10,000. The asking price is $74,900, with reported gross revenue of $190,173 and total revenue of $27,135.
Industry Information
- Industry Description:
- CBD and wellness store
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 2019
- Employees:
- 3
- Reason for Selling:
- Owner Relocation/Focus on Other Ventures
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $1,723 USD
- Lease Expiration:
- 2025
Assets & Inventory
- FF&E Value:
- $0 USD
- Includes FF&E:
- No
- Inventory Value:
- $10,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Michael Thomas
- Company:
- First Choice Business Brokers
- Phone:
- (234) 738-9068
Listing Details
- Listing ID:
- 20bab1e1-add0-4c32-8719-25dc19bfad28
- Source Listing ID:
- 24344
- Deal Status:
- For Sale
- Last Updated:
- September 23, 2025
- Currency:
- USD