Posted on November 11, 2022 / 59Listing ID: 490612APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $1,100,000
Company Name : Green Life Business Group, Inc
Phone : 6197702699

Rare opportunity to acquire a fully operational retail cannabis business in Cornelius, Oregon. The building is 1,800 Sq Ft and the facility is located in a prime location near downtown Cornelius. This is a fully operational Cannabis Dispensary that is known for its excellent customer service. The facility is in a prime location on a busy road with plenty of visibility. Close proximity to Downtown Cornelius, less than 5 minutes away. Great Shop very close to Major brands like Nike. It is located on a Main St, very busy area.

Details:

  • License: Cannabis Retail Storefront
  • Rent: $3,532
  • Lease Term: 5 Yrs
  • Space: 1,800 Sq Ft
  • Number of employees: 5
  • 2022 Gross Revenues:
    • Q1:  $ 344,984
    • Q2:  $ 391,112
  • 2022 On Pace To Gross: $1,472,192
  • 2022 Net Income:
    • Q1: $ 63,246
    • Q2:  $ 84,734
  • 2022 On Pace To Net: $295,960

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:  $1,100,000.00

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

If you have any questions Call Elliot at (619) 770-2699

Or Email : elliot@glbgroupinc.com

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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