Listing ID : 642751
Posted on November 14, 2023 69
Amazing opportunity for a thriving Cannabis Dispensary, Processing & Distribution Business in vibrant Portland, Oregon (Pop + 641k)! Seize an incredible opportunity to own an established and fully operational cannabis business located in the heart of Portland, Oregon. The dispensary has been operational since 2014, almost a decade in continued operations. Boasting impressive financials, the dispensary alone is on track to generate $800k in gross revenues this year, a testament to its loyal customer base and prime location. This revenue potential represents substantial untapped value for the new owner. What sets this business apart is the added advantage of holding both processing and distribution licenses. By capitalizing on these licenses, the new owner could unlock additional streams of cash flow and maximize profitability. Situated in the cannabis-friendly city of Portland, Oregon, this dispensary benefits from a supportive community and a thriving market. The city’s progressive stance towards cannabis ensures a robust customer demand and a favorable regulatory environment for the industry. Don’t miss your chance to step into a turnkey operation with a strong foundation and tremendous growth potential.
Space: 2,300 SqFt
Rent: $6500 (Includes NNN & Assigned Parking)
Lease: 2YRs left, 3% Annual Increases
Parking: 3 Assigned + 10 Shared Spaces, Total 13
Fully Built Out w/ kitchen Being Added to Manufacture Edibles
2023 Revenues: On Pace to do $800k from the Retail Alone!
Retail Storefront: A retail license is required to service recreational patients. A dispensary or caregiver license is needed to serve medical patients. It is possible to hold both licenses by paying a “medical bump up” fee to the OLCC. However, the medical and recreational dispensaries must be separate buildings (or suites).
Wholesaler/Distribution: In Oregon, a licensed marijuana wholesaler can purchase marijuana products from other licensed marijuana businesses and sell marijuana products to other licensed businesses.
Processing (Solventless) : Allow a marijuana processor to process marijuana and usable marijuana into general use cannabinoid products, cannabinoid concentrates and cannabinoid extracts, excepting those circumstances where differentiating between the processing of medical grade cannabinoid products, cannabinoid concentrates and cannabinoid extracts and the processing of general use cannabinoid products, cannabinoid concentrates and cannabinoid extracts is necessary to protect the public health and safety.
Asking Price: $449,000.00 (Seller Open to Offers)
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Scott Hite, DRE LIC OR# 201218627
If you have any questions call Tom (619) 972-5952
Or Email : firstname.lastname@example.org
National Affiliate Listings
All listings included in this section are represented by locally licensed real estate brokers where necessary.
This listing is represented by Local Broker via the Green Life Business Group National Affiliate Program.
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
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