Marketplace South Africa verified NEW

Leading supplier of CBD products in South Africa with over 8 years in the space.

Asking price
$500K
Profit multiple
Revenue
$120,000
Profit
$71,000
Growth
300%
Customers
101-250

Description

Profitable Marketplace with $550,000 in TTM revenue and $315,000 in TTM profit, which is a leading supplier of CBD products in South Africa. We are committed to providing the highest grade independently tested CBD isolates, using a nanotechnology manufacturing process to ensure maximum bio-availability. Our products are vegan-friendly and free of artificial flavors, colorants, and preservatives, making them a great option for anyone who suffers from allergies. ✅ $550,000 in TTM revenue ✅ $310,000 in TTM profit ✅ $20,588 in revenue last month ✅ $14,224 in profit last month ✅ Competitors: Other CBD companies

Price history

  1. $5M
  2. ↓ $300K

Tech stack

Firebase

Business model

B2B only and online sales. Our GP on our products is between 54 - 120% We have 4 different product ranges: Water ranges Fruit Cubes Nano Shots Vapes

Growth opportunity

Growth potential is huge. We don't really have competition but we don't have the capital to supply the huge demand. Our Background: The road to establishing this business, a leading supplier of CBD products in South Africa, was a challenging one. Facing hurdles such as limited partnership support, a lack of external funding, and a sea of doubters questioning the potential success of our vision. By unwavering belief in the transformative power of CBD and commitment to bringing high-quality, independently tested CBD isolates to South Africa kept us going. Developing excellent CBD products was a journey of patience, sacrifice, and learning from failures.

Competitors

Other CBD companies

Highlights

Brand Website Customers Codebase and IP

Reason for sale

Need capital or a partner to put in money, the company is growing too fast and can't keep up with the demand from big retailers.