Posted on November 11, 2022 / 52Listing ID: 490568APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $675,000
Company Name : Green Life Business Group, Inc
Phone : 8582456324

Unique opportunity to acquire a fully licensed operational storefront right by the coast. The building is 900 Sq Ft and brought in $662k in sales for 2021. The shop is located on a main street on a corner lot with ample street parking and high visibility. This is a great opportunity for someone who is looking to enter the cannabis industry into a fully turnkey business, a multi state operator looking to expand their footprint or an Oregon operator who is looking to expand business operations and locations. Right across from the bay, Owner has not put much effort into this store, a lot of upside.

Details:

  • License: Cannabis Retail Storefront
  • Rent: $2,366
  • Lease Term: 5 Yrs
  • Space: 990 Sq Ft
  • 2022 Gross Revenues: 
  • Q1:   $ 137,804
  • Q2:   $ 173,781
  • 2022 On Pace To Gross: $623,170
  • 2022 Net Income:
  • Q1: $ 10,588
  • Q2: $ 14,393
  • 2022 On Pace To Net: $49,962
  • Number of employees: 4

License:

  • 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).

 

Asking Price:  $675,000.00

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

Eric Espinoza, DRE LIC CA# 02077927

If you have any questions Call Eric at 858-245-6324

Email : eespinoza@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.

National Affiliate Listings

All listings included in this section are represented by locally licensed real estate brokers where necessary.

This listing is represented by a Local Broker via the Green Life Business Group National Affiliate Program.

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