Posted on November 11, 2022 / 46Listing ID: 490574APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $850,000
Company Name : Green Life Business Group, Inc
Phone : 8582456324

AMAZING opportunity to acquire a fully licensed operational storefront in Tillamook County, Oregon. The building is 900 Sq Ft and brought in $889k in sales for 2021.  This shop is known for its great flower selection and welcoming staff. There is parking on site and has high visibility being located along a main highway in a tourist beach town. The Kite Festival brings in a lot of tourists at this location.

Details:

  • License: Cannabis Retail Storefront
  • Rent: $933.33
  • Lease Term: 5 Yrs
  • Space: 900 Sq Ft
  • 2022 Gross Revenues:  
    • Q1:  $ 179,044
    • Q2:  $ 214,488
  • 2022 On Pace To Gross: $787,064
  • 2022 Net Income:
  • Q1:  $ 13,306
  • Q2:  $ 27,588
  • 2022 On Pace To Net: $81,788
  • 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:  $850,000.00

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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