Unique opportunity to acquire a fully licensed operational storefront right by the coast. The building is 1000 Sq Ft and brought in $957k in sales for 2021. Being located on a main street on a corner lot this shop has high visibility and plenty of on site parking. 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. This is a beach shop, great Seasonal High Tourists location.
Details:
License: Cannabis Retail Storefront
Rent: $1,216.67
Lease Term: 5 Yrs
Space: 1000 Sq Ft
2022 Gross Revenues:
Q1: $ 199,098
Q2: $ 267,538
2022 On Pace To Gross: $975,304.02
2022 Net Income: $82,157.78
Number of employees: 7
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: $950,000.00
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.
