Profitable and Established Cannabis Dispensary in Southern Oregon

CannaMLS ID: 4852
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Price: $2,439,000


Listing Details


Listing Category
Dispensary

License Status
Municipal / local license granted
State / annual license granted
Dispensary

Medical
YES

Adult Use
YES

Verification Details powered by Green Growth CPAs


Licenses Verified
03/31/2021

GreenGrowth CPAs Disclaimer: The information that GreenGrowth CPAs is verifying has been provided to us by the Seller or their representing broker. We have verified the information that they have provided to us. If, for any reason the information provided by the selling party is false or misleading, we disclaim any and all statements.

Price: $2,439,000

Listing Status: For Sale

Excellent opportunity to enter the established Oregon Cannabis dispensary space.  Since establishment in 2017, this dispensary has consistently grown its gross and net revenue. Run rate for 2021, based on the first quarter of 2021, is approximately $2.7 million. Net revenue for 2021, as a percentage of gross revenue, increased over 2020. The owner's approach is to provide a full spectrum of reasonably priced products to the local market. Seller open to Seller financing but the majority of the purchase price must be cash.  1650 sq ft leased at $3,312 per month, expiring 9/30/22. Lease can be renewed through 9/30/2025. 8 parking spaces of off street gravel parking, not striped. Curbside parking available.  Bright and inviting stand-alone building. This dispensary continues to grow its revenues due to its emphasis on reasonable pricing levels and continuous rotation of stock; which encourages loyal, return customers.  The shop is located in an developing area, close to entertainment venues. Delivery can be added.  Seller willing to train/transition the buyer on the operation of the business. NDA and POF required.


Listing Details

Listing Status
For Sale

Location
Eugene, Oregon 97401

Date Listed For Sale:
3/4/2021

Date Last Updated:
6/10/2021

Generating Revenue:
YES

Operational:
YES

Property Details

Built out / Turnkey
YES

Room for Expansion
NO

Green Zone Confirmed
YES

Pricing Details

Listing Price
$2,439,000

Lease Terms:

1650 sq ft leased at $3,312 per month, expiring 9/30/22. Lease can be renewed through 9/30/2025. 8 parking spaces of off street gravel parking, not striped. Curbside parking available.


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