Turnkey Cannabis Dispensary Business For Sale

Fully Operational Turnkey Cannabis Dispensary Business For Sale (Portland, Oregon) #1587

A fully turnkey operational cannabis dispensary in Portland, Oregon for sale is offering a prime 2,500 SqFt of retail space with a well-established presence in the community. This business is equipped with the popular Dutchie POS system and operates under a favorable lease with rent at just $3,200 per month. The lease is a 5-year term with an option for an additional 5 years, plus a first right of refusal on the property. The dispensary has a strong daily customer base, with 100 customers on the weekdays and up to 200 customers on the weekends, and has built a reputation for hosting events with large operators. Over the past 12 months, the business has generated $1.9M in sales. The business has over 200 Google reviews, all averaging at 4.8 stars. With a dedicated team of 8 employees in place, this is an excellent opportunity for a new owner to take over a well-established and profitable business in Portland’s thriving cannabis market.

Gross Revenues:

Rolling 12 Month Revenues: $1.9M
Details:

Space: 2,500 Sq Ft
Rent: $3,200/Month
Lease: 5 YR W/ 5 YR Option
Wholesale Inventory: $130k
POS: Dutchie
Employees: 8
200+ Reviews: 4.8 Stars On Google Reviews
Retail Storefront
Well Known for Having Events W/ Large Operators
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: $1.399M (Seller Open To Offers)

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.