Tupelo Data Room
Other Health Care & Fitness, Other Retail
Active

Popular Hemp Retail Store – Greater Knoxville, TN

Knoxville, Knox County, Tennessee, United States
listing image
Asking Price$394k
Revenue$380k
EBITDA-
Cash Flow$123k
Description
Located in the heart of the beautiful Smoky Mountains, this thriving hemp retail store has become a trusted name in the greater Knoxville area. Known for its focus on health and wellness, the brand caters to customers seeking natural relief from sleeplessness, pain, anxiety, and related concerns. The store carries a wide range of hemp-based products, including CBD and THC edibles, oils, beverages, salves, and pet products, complemented by candles, t-shirts, and educational materials. Its strong emphasis on education, openness, and exceptional customer service has built a loyal following and a reputation for trust and quality. Situated in a high-traffic retail and residential area, the store features a clean, modern, and well-branded space that makes an immediate impression. This turnkey operation is ideal for a buyer looking to step into a well-established, branded business with growth potential in the ever-expanding hemp and wellness market.
Real Estate
Rent is $1,955 per month
Building Size: 1200 sq. ft.
Furniture Fixtures & Equipment
$500
Inventory
$40kIncluded in Asking Price
Business is
Absentee Owner
Number of EmployeesFull-Time: 1
Year Established
2018
Reason Selling
Personal Reasons
Facilities & Assets
1200 Square Ft space located in a prominent residential and retail location.
Support & Training
90 Day Transition Period
Market & Competition
The seller believes the market will stabilize over the next 3-5 years. Tennessee has appointed a medical cannabis board which seems to indicate a great future. Shops that adapt to the upcoming THCa ban will have an enormous advantage when the medical market is introduced. Federal indicators include a re-classification of cannabis from schedule I to schedule III, another indicator of a robust market on the horizon.
Growth Opportunities
Federal indicators include a re-classification of cannabis from schedule I to schedule III, another indicator of a robust market on the horizon. Oversight of the hemp community is switching from the department of agriculture to the Alcohol & Beverage Commission in 2026, creating new opportunities for businesses already operating in the alcohol industry.
Financing Options
Seller financing is available.$39,400 @ 7% APR for 24 months.
Asking Price$394k