Business Description

This B2B business generates $30 million in revenue by primarily focusing on Distribution and Logistics. They serve smaller wholesalers (59% of revenue) and multi-location owners (38% of revenue), intentionally limiting direct-to-consumer sales for research purposes. Services include wholesale coordination, packaging development, fulfillment, and logistics arrangement with 3rd party freight providers. The business has recently expanded operations, including moving to a larger distribution center in Southern California and adding a new center in Florida in 2023. The team consists of a CFO, General Manager, VP of Sales, Retail Lead, Manufacturing Leads, Warehouse Lead, Sales Reps, Packagers, and Outside Sales Reps. Drivers are outsourced, and the owner is seeking a Strategic Buyer or Equity Group to support further growth. Priced at $39.5 million with a 30% profit margin, the business plans to boost productivity by bringing manufacturing in-house. They specialize in legal hemp products, not traditional cannabis, and operate in