Turnkey Cannabis Brick/Mortar Store In Texas With Website

This CBD Storefront comes with a professional website that it actually owns the domain to, that also has a shopping cart attached. It's is a local favorite in the Midland/Odessa area. It was established in August 2020 and commenced transactions in January 2021. Super simple business structure which makes it an easy transition over to it's new owner. When creating this business, the following was taken into the utmost consideration: The Vision: The vision for this business led to the creation and introduction of an original line of locally owned products for the CBD consumer sold alongside the industry's most common and favorite brands. The Purpose: This creates a grocery-store-like environment where the consumer is not pressured to go with any particular product. We believe this freedom, coupled with the quality of our unique brand, will ultimately become a favorite with many Cannabis consumers. This has already proven true in just under two years. Location. Location. Location: Midland, TX is the Soul of the Permian Basin. The Permian Basin is home to 25% of America's oil and natural gas production which creates well paying jobs and, therefore, a thriving consumer market. Aside from having a vast population of consumers who CAN buy, this area's demographics are comprised of around 70% of consumers who WILL buy, according to cannabis consumer statistical data. If you or your firm have no investments in this area of the country, now is the best time to do so. This acquisition opportunity will provide firm footing for the investor/firm that can see what is happening in today's financial climate. **ALL THINGS GO TO TEXAS** Between the almost non-existent Covid restrictions and the relocating/opening of headquarters of big players like Tesla, SpaceX, Apple, Toyota and Charles Schwab, just to name a few, Texas is experiencing it's equivalent of California's Gold Rush from the mid-1800's. There has never been a time like this. Location: Midland, Texas Year Established: 2020 Number of Employees: 2 Real Estate: Leased Building Sq. Ft.: 1,000 Rent: $1,700.00 Per Month Lease Expiration: 12/31/2025 Facilities: Facilities: Located in a heavily trafficked area in a well established shopping center/shopping mall that is anchored by major retailers, massage parlors and gym facilities which all pull clientele into the area. Lease Active through December 2025. Rent is $1700/mo. Assets: Display cases and shelves. Current inventory value exceeds $300k retail. Market Outlook/ Competition: The cannabis/CBD industry is growing at an exponential rate. Projections (Forbes) see the market reaching +$20B by 2024. Midland's demographics match that of the CBD industry's largest consumer base. This location was the second of it's kind to open in Midland and the only that was locally owned and operated. This drove customers in to support, as supporting local businesses gained momentum throughout the pandemic; now, in early 2022, this is one of the more established and reputable Cannabis retailers in the area. Growth & Expansion: Pros: CBD/cannabis are considered "dietary supplements" which leaves unlimited opportunity to introduce an entire line of health and wellness products. The health and wellness industry has exploded and will continue to gain momentum in years to come as Americans become more health conscious. Cons: The Cannabis industry has grown very rapidly and is continuing to do so. As with any newly booming industry, there are some growing pains, fortunately