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An Exemplary Experience: Premier Cannabis Dispensary

1075 Northwest Northrup Street, Portland, OR, USA
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  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • An Exemplary Experience: Premier Cannabis Dispensary

Listing ID : 891851

Listed On April 2, 2025 View Count 52

Listing Updated April 2, 2025

Price :
$275,000
Business Overview :
Year Established:
2015
Inventory Included:
Yes
Accounts Receivable Included:
Yes
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Outstanding Liabilities & Debts:
No
Growth and Expansion Opportunities:
While the cannabis market is unusually competitive, However, this company proudly stands at the forefront, offering a premium retail experience. An enthusiastic owner/operator can leverage this advantage to elevate our brand further. All dispensaries are licensed and currently no new licenses are being issued. This is good for competition and means that expansion occurs by increasing product offerings or acquiring other dispensaries.
License Details :
License Status:
Active – Current
License Type:
Recreational/ Adult Use
License Activities:
Retail / Dispensary
Business Location Details :
Business Location:
Leased
Rent:
$5,062
NNN Monthly Cost:
$5,062
Facility & Tenant Improvements:
The Dispensary: • The location is on the busy MLK Jr. corridor with a 15,742 daily traffic count. • The site includes ample off-street parking. • The business is a spacious 1,764 square feet of A-class retail space that is thoughtfully designed for customer engagement. • The store features inviting viewing areas, well-organized sales counters, and ample display shelves to showcase our high-quality cannabis products. • Operating hours are from 10:00 a.m. to 9:00 p.m. daily.
Number of Parking Spaces:
12
Size:
1,764 Sq. Ft.
Utilities:
Electricity, City Water, Sewer, Garbage, Natural Gas
Terms :
Financing:
Cash, Owner Financing
Broker Co-Op:
Yes
NDA Required:
Yes
Support & Training Offered:
Owners will offer one month training on site. Consultation by phone next 60 days. After that, consultation by agreed upon rate.
Reason for Selling:
Other professional commitments, coupled with changes in the economics of the cannabis industry, are motivating this asset sale.
Company Overview :
Description :

This dispensary is a well-established and licensed cannabis dispensary strategically located in the upscale Irvington area of Northeast Portland. A trusted name in the community, it appeals to residential customers and commercial traffic alike.

The Opportunity:

This is an excellent opportunity for a motivated entrepreneur to pick up the assets of a fully established store. The owners do not work full time in the dispensary. A dedicated owner/operator supported by two part-time sales assistants will streamlined staffing and significantly reduce operational costs and enhance earning potential.

Alternatively, the efficiencies of a multi-location operator and/or vertically integrated organizations also make this a natural acquisition.

The Dispensary:

·       The location is on the busy MLK Jr. corridor with a 15,742 daily traffic count.  

·       The site includes ample off-street parking.  

·       The business is a spacious 1,764 square feet of A-class retail space that is thoughtfully designed for customer engagement.

·       The store features inviting viewing areas, well-organized sales counters, and ample display shelves to showcase our high-quality cannabis products.

·       Operating hours are from 10:00 a.m. to 9:00 p.m. daily.

Security:

The facility is equipped with top-of-the-line security systems, ensuring a secure shopping experience for its valued customers. 

Regulatory Compliance:

Operations comply with all mandatory reporting systems, integrated into the company’s advanced POS technology.

Product Offering:

The company has positioned itself at the high end of the cannabis market, focusing on premium and diverse selections, including:

·       expertly curated cannabis flowers,

·       edibles,

·       vape cartridges,

·       extracts,

·       tinctures,

·       topicals, and accessories.

Cannabis flower accounts for approximately 50% of sales.

Business Assets Included in the Sale:

The sale includes the company website, phone number, business name and social media accounts, as well as essential equipment such as safes, POS systems, alarms, security cameras, freezers, refrigerators, storage units, and display cabinets. Also included are the inventory of premium cannabis products and related retail items.

Marketing:

There is a strong customer engagement strategy, leveraging email marketing, social media platforms (Facebook and Instagram), and in-store promotions. Additionally, online ordering has proved to be a significant draw for our clientele.

Gross Profit Performance:

2020    44%

2021    49%

2022    57%

2023    60%    

2024    62%    

This financial performance reflects industry-wide pricing pressures due to competition among producers. Decreased product prices have lead to decreased top line sales, but because of the company’s operating efficiencies, their gross margin has increased significantly. Additionally, the industry seems set to stabilize in the coming years, resulting in fewer producers and more favorable (increased) retail pricing.  

Contact Listing Owner

PUSH Business Consultants
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PUSH Business Consultants
License:N/A

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