Today I am presenting a unique opportunity for any budding entrepreneurs or existing business owners looking to expand their reach. A close vendor of mine was forced to close their doors in 2023 after 4 years of service online due to strict West Virginia laws.
This company was solely operating online as well as though their own managed wholesale channel.
This company sold exclusively CBD products. CBD Flower, Tinctures, Bath Bombs etc…
This January I was called and was offered the company. My plate is beyond full, but I gave it a go. Of the 25k customers, I’ve so far sent one email to 5,400 customers. We’re averaging a 42% open rate, 2% unsubscribe rate. So this list is very much still active!
25k emails
21k paid customers
$4M in sales
10,000 phone numbers waiting for re-targeting
We want to go into a different direction and don’t have the time or gumption to get this spun back up to it’s former glory.
We’ll sell for what we’re in it for: $30,000
This will include a turn-key built-out shopify store
This will include all email lists
This will incude a transfer of ownership for Klaviyo email dashboard
This will include the domain
This will include contact and connection with the credit card processor I used and setup
This will not include the LLC and formation structure, for ease we’d strongly suggest the new owners to form their own. I’d prefer to simply shut the LLC down, given the nature of the business
This will not include past sales data - this is no longer available due to purged records. Some sales data is available on the customer Excel (total spend, order average, number of orders)
What I have done with this brand since I took over:
I made an attempt to convert the company into a THCa company. I found that, yes, some customers are interested in THCa, but many are still seeking CBD. I would suggest that if you’re planning to run with the brand (vs just pulling the list) I would sell some CBD alongside whatever you plan to sell.
Over the course of a few months we fully warmed up the domains and were very very slowly dripping out just a few hundred emails per week.
Inquire through DM’s and we’ll go from there!