Enter the Oklahoma market with a successful, operating dispensary in suburban Tulsa. Gross revenue was $1.1 million in 2022. The dispensary is conveniently located on a major thoroughfare and has many loyal customers, which it has acquired since opening in 2019. The 3200 sq. ft. dispensary is leased at $3,200 per month NNN through February 1, 2026. Ample parking and easy access off a main road. Average daily sales were $3000 per day in 2022, and have increased to $3250 in 2023. In addition, the purchase includes two paper dispensary licenses, which can be relocated anywhere in the state and are valued at over $15,000. The 3200 sq. ft. dispensary is leased at $3200 per month NNN through February 1, 2026. Seller is extremely well located, in the heart of a shopping district, surrounded by major, national retailers. Seller is first on Weedmaps for its area and successfully uses customer texting and loyalty programs. The suburban area surrounding the dispensary is growing, with population up close to 40% since 2020. The suburb has a 65% rate of home ownership, highly rated schools, an average age of 33.5 and a low unemployment rate. There are many recreational, shopping and entertainment destinations in the area. Many families and young professionals call the area home and present strong retail demographics. Note, Oklahoma has a two year residency requirement for all cannabis license holders. NDA and POF required. Seller is represented by Karen Muller, Oklahoma Broker#203113.
