Hidden Gem of Oregon | Cultivation License, Retail Establishment, & Real Estate

CannaMLS ID: 4589
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Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$0
Ownership Percentage:

Property Details

Property Is Leased:
No
License Is Movable:
Yes
Real Estate Is Included:
Yes
Has Buy-in Option:
No
Facility Is Built Out:
Yes
Has Room For Expansion:
Yes
Operations Are Needed:
No

Full vertical integration up for grabs. Transferable Grow License. 

Property Appraised at over 1MM. Attached warehouse and room to expand. Local red tape is non existent. 

Located on Oregon Coast Highway 101 with dedicated turn lanes into 2 spacious lots.

Established in 2015. Revenues have never deviated more than 10% from year to year. 

~15% Market Share / First License in County  

Excellent rapport with the City of Manzanita & Featured as a "Model Licensee" in OLCC produced videos.

Property is well situated for development of a drive through. LUCS has been approved for licensed processing/kitchen on property.

Storefront is consistently referred to as "Most beautiful store in the whole State" by vendors of numerous companies carried by every retailer. Custom wood interior, hand finished from locally salvaged materials. Built to suit the demographic of upscale older clientele and new cannabis consumers. 

Excellent customer retention. Tourists that return every time they visit the coast, customers that drive from PDX & Seattle to make their purchases. We only know because so many emphatically tell us upon their arrival. "We just drove past 20+ stores to get here, everyone was saying to stop, but I told them we have to wait until Manzanita." That phrase is a common sentiment as people walk into the store.

Dedicated staff that have over a decade of collective experience running the day to day operations. Wages have always been higher than average with an emphasis on each employee's personal development as a priority of the organization. Please do not approach them in store regarding this matter.  

Meticulous record keeping has been maintained since the inception of company, with taxes filed correctly in regards to 280E.

-POF & NDA for access to business information-

Price: $4,099,000

Listing Status: For Sale

Details

Date Listed For Sale: 1/4/2021
License Type: Producer & Retail

Location: Manzanita, Oregon 97130

Recreational: Yes
Medicinal: Yes

Listing Type

  • Manufacturing
  • Dispensary
  • Real Estate
  • Cultivation



 

 

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