In order to contact the buyer/seller, you must be a registered user of the site and must be logged in

this is a unique opportunity to acquire a niche business that retails legally, both on line and through their own shop, cannabis seeds and hemp merchandise, as souvenirs. Whilst it is against the law to grow and germinate cannabis, unless you have a license, it is completely legal to sell the seeds as souvenirs to the public. The company has a thriving website with a large range of strains available, which are sold in packets of ten seeds ranging from £12.60 to £500 per packet. They have a growing database of circa 5,000 subscribing customers and the company keeps in regular contact with them sending out a regular newsletter plus keeping in touch with over 600 “facebook” fans. The business has grown quickly within a short space of time, and the strength and money back guarantee of the website, plus the on line marketing have been the major reasons for the success. The company has a strong supply chain and a good relationship and credit facility with the main uk distributor. Fully systemised complete with operations manual there is great growth potential for this company to increase its turnover and profits with a number of avenues to explore. They have developed a fully operational systemized business which offers their customers a speedy and reliable delivery service, with free delivery anywhere within the uk and for clients who prefer, the facility to visit their own retail outlet and purchase directly from knowledgeable and friendly staff. Customer service: as with all online businesses the vital ingredients necessary to make it successful are, an easy to navigate site, good choice of merchandise, competitive pricing policy and a speedy and accurate delivery service. This is a company who understands the needs of their clients and have put all of these factors into operation to grow the business to its current position in such a short time. They offer a choice of over circa 900 strains of seeds, free delivery within the uk, free gifts, a money back guarantee for loss of packages in the post and a discount for customers who refer a friend to them. Key strengths: the company has worked hard on its systems to become a first class supplier. They only supply guaranteed merchandise with all of the seeds being kept in fridges to prolong the shelf life. Normally an average shelf life for the seeds would be up to two years but with the company at present sending out between 300 – 400 orders per month the stock is turning over far and beyond the suggested time scales. An average order value is circa £40 with both the number of sales per month and the average order value increasing at a rapid rate. The company has invested heavily in building up their social marketing with a large spend on google ad words. They have all of the information available with full google analytics and costs. This has helped them to attain a high name profile on the search engine, with large increases in traffic on their site and a growing level of new business. Because of the companies excellent service record this has helped to achieve a high level of customer retention the company turnover has grown quickly with the owners having invested their profits back into the business by improving their systems and by increasing their stock holding and choice of products whilst opening a retail outlet. They have good cash flow and no bad debts with all merchandise paid for up front and a credit facility with the main uk distributor. Growth and expansion: this is an expanding and growing market with a number of opportunities to increase both the sales and profits of the company. At present stock management is the only part of the business which is not computerised. The owners understand the need to apply this discipline to the business as the turnover and stock holding grows. The business is primarily online sales although some of their customers prefer to shop directly at their retail premises. Because of the nature of the business the owners decided to make the retail side of the business discreet in its outside appearance. There is potential to move the operation to a major town or city centre where sales would automatically and dramatically increase. Social marketing is an area that can thrive as the power of both facebook and twitter continues to increase. These are both low cost investments although they are both time consuming and would need extra manpower to grow this area. The owners have targeted other opportunities, which could offer considerable growth to the company. The business is already targeting the medicinal community which is a huge and growing market for cannabis seeds and are currently working on achieving a first page ranking on google organics listings for key search terms. Another opportunity is to create a retail franchise network across the uk by offering the expertise and supply chain for cannabis seeds which they have already in place.

In order to contact the buyer/seller, you must be a registered user of the site and must be logged in