Tupelo Data Room
Other Retail
Active

Absentee Owner - SunMed Modern Wellness Franchise with Prime Location

Venice, Sarasota County, Florida, United States
Asking Price$89k
Revenue$265k
EBITDA-
Cash Flow$54k
Description
This well-established Sunmed – Modern Wellness Store presents a unique opportunity to acquire a fully turnkey business in the rapidly growing CBD and natural wellness industry. As part of the nation’s largest brick-and-mortar CBD franchise, the store is professionally branded and fully equipped, offering a diverse selection of premium hemp-derived products including oils, tinctures, edibles, skincare, and pet products—all third-party lab tested to ensure quality and compliance. The business has developed a strong reputation within the community, attracting a loyal and health-conscious customer base through knowledgeable service and a welcoming retail environment. The space itself is modern, clean, and thoughtfully designed, with all fixtures, inventory, and a fully integrated POS system included in the sale. A key advantage of this opportunity is its existing operational structure, which supports a largely absentee ownership model. The current owner is not involved in the day-to-day operations of the business, instead relying on a trained and capable staff to manage daily sales, customer service, and routine store functions. This makes the business especially appealing to investors or owners seeking a semi-absentee or fully absentee role, while still maintaining the option to be more hands-on if desired. The franchise system further supports this model by providing ongoing operational guidance, marketing resources, and established processes that streamline management responsibilities. No prior experience in CBD or retail is required. Comprehensive onboarding and training will be provided by both the franchisor and the current owner to ensure a smooth and successful transition. Additionally, the seller has agreed to cover the franchise transfer fee—an added value of up to $20,000 included in the purchase price. The business is well-positioned for continued growth as consumer demand for natural wellness solutions continues to rise nationwide. The sale also includes exclusive territory rights, offering protection and long-term value in an increasingly competitive marketplace. This is an excellent opportunity to step into a reputable, system-supported business with minimal owner involvement required. Financials are available upon request for qualified buyers. Don’t miss your chance to enter a booming industry with a trusted and recognized national brand.
Real Estate
Rent is $2,175 per month
Building Size: 800 sq. ft.
Furniture Fixtures & Equipment
$10k
Inventory
$3kIncluded in Asking Price
Business is
Established Franchise
Number of EmployeesPart-Time: 2
Year Established
2023
Reason Selling
Relocating
Facilities & Assets
Located in Venice, FL. Included inventory amount $2,500. Lease Info: Lease Options: Yes. 1 year terms Build Out Cost: $10,000
Support & Training
30 Days
Related Categories
Other Retail Business for Sale
Business for Sale in Florida
Asking Price$89k