Cannabis Retail Storefront for sale in Portland, OR 97035

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.

Green Life Business Group, Inc DRE CA LIC# 02061374

Scott Hite, DRE LIC OR# 201218627

Gordon Sattro DRE CA LIC #02136011

Elliot Cardenas, DRE CA LIC #02138336

If you have any questions Call Gordon (858) 220-2185 & Elliot (619) 770-2699

Email: gordon@glbgroupinc.com & elliot@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.

National Affiliate Listings

All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by Local Broker via the Green Life Business Group National Affiliate Program