Listing ID : 511284
Listed On August 7, 2024 137
Listing Updated August 7, 2024
Born on 4/20/22, this dispensary is blessed by the Canna-gods. Located on one of the busiest streets in Muskogee on a high-traffic, high-visibility intersection. Just like the other assets in this portfolio, there was no trouble hitting the ground running once people saw the store banner out front. The owner expects this location to grow significantly due to its strong start and immediate recognition of customer retention. This dispensary location doesn’t have much competition and overhead is very low: rent is $1700/month NNN. Take over this location and be Muskogee’s premier dispensary!
Highlights
- Brand recognition rocketed this business’s early success
- Located in a retail strip on one of the busiest streets
- Little competition
- High visibility and traffic count
- Low overhead cost
- Valuation based on approximately 5 times Free Cash Flow
- Rent $1700 NNN
- Approximately 2300+ Square feet
- Stock & storage room – potential for expansion
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