2 High Volume Prime Location Retail Cannabis Stores

CannaMLS ID: 5229
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Price: $3,200,000


Listing Details


Listing Category
Dispensary

License Status
State / annual license granted

Medical
YES

Adult Use
YES

Price: $3,200,000

Listing Status: For Sale

Two prime location retail dispensaries licensed for recreational and medical sales. 

Extremely unique and highly sought after established highway frontage locations on the Southern Oregon Coast.  Both locations offer ample parking, billboard signage and turn key staffing. 

 

Store #1  2020 Gross Sales (After Oregon MJ Tax)  $1.8M      (2021 Projected Sales 2.1M)

Store #2  2020 Gross Sales (After Oregon MJ Tax)  $1.5M      (2021 Projected Sales 1.8M)

2021 Sales have increased 18% YTD  vs. 2020

Professional corporation with up to date bookkeeping,  Current on all taxes & liabilities

Terms may be negotiable with adequate buyer investment and security.

Proof of funds, and NDA required

 

Lease Terms: Both locations have transferable long term lease agreements which include first right of refusal and multiple renewal periods Location #1 is 1400sq'  $2500 per month current lease (renewable) 2029 Location #2 is 1200sq'  $2150 per month current lease (renewable) 2029

 


Listing Details

Listing Status
For Sale

Location
Oregon 97415

Date Listed For Sale:
6/4/2021

Date Last Updated:
6/7/2021

Generating Revenue:
YES

Operational:
YES

Property Details

Built out / Turnkey
YES

Equipment Included
YES

Room for Expansion
YES

Green Zone Confirmed
YES

Pricing Details

Listing Price
$3,200,000

Seller Financing Available?
YES

Lease Terms:

Both locations have reasonable rents and transferable long term lease agreements which include first right of refusal and multiple renewal periods.

 

Location #1  1400sq'         $2500 per month   current lease (renewable) 2029

Location #2  1200sq'         $2150 per month   current lease (renewable) 2029


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