Fully Operational Turn Key Cannabis Retail Storefront Business For Sale (Salem, OR)

CannaMLS ID: 7428
Save Listing

Price: $1,250,000


Listing Details


Listing Category
Dispensary

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


Price: $1,250,000

Listing Status: For Sale

Great opportunity to acquire a fully operational Turn Key Cannabis Retail Storefront business in the highly demanded state of Oregon. The current business sits on a 2,500 Square Foot facility that is highly known and reputable due to the businesses aesthetics and eye grabbing visibility. 

The business currently generates approximately $1.2M dollars in sales and is fully turn key ready for a new owner. This is a great opportunity for someone who is looking to enter the cannabis industry into a fully turnkey business, a multi state operator looking to expand their footprint or an Oregon operator who is looking to expand business operations and locations. 

Details:

  • License: Retail Storefront
  • Space: 2,500 Sq. Ft. (1,000 Sq. Ft. of Sale Room Floor) 
  • Rent: $1,750/Month
  • Lease: 2 Yrs left w/ 5 YR Option (5% Increase Cap)
  • # of employees: Approx. 10
  • Recreational and Medicinal 
  • Licensed both at Local and State Level

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).

 

Looking for Funding? 

Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this. 

 

Asking Price:  $1,250,000.00

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Scott Hite, DRE LIC OR# 201218627

Elliot Cardenas, DRE LIC CA# 02138336 

If you have any questions Call at 619-770-2699

Or Email : elliot@glbgroupinc.com

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

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.


Listing Details

Listing Status
For Sale

Location
Salem, Oregon 97301

Date Listed For Sale:
9/21/2022

Date Last Updated:
9/21/2022

Property Details

Pricing Details

Listing Price
$1,250,000

Advertising


 

 

 

Hit the "Contact Listing" button on the top right of the page to send a message to the seller.

(CannaMLS.com does not make seller contact information public to prevent SPAM and abuse.)

 

To report a problem with this listing contact: admin@cannaMLS.com

 

FOLLOW CANNAMLS ON SOCIAL MEDIA FOR EXCLUSIVES, NEWS, NEW LISTINGS, UPDATES AND MORE!


 

*CannaMLS is an independent listing service and does not offer legal, tax or regulatory advice. CannaMLS is not a real estate brokerage and is not advertising any properties for sale in any market. All listings that advertise real estate are posted by third parties who are responsible for compliance with all real estate regulations. CannaMLS does not guarantee the authenticity or value of any listings, assets, buyers, sellers and/or brokers on the company’s website. By listing or interacting on CannaMLS.com you agree to indemnify and hold harmless CMLS Technologies LLC, and its owners, employees, agents, and affiliated companies from any civil or legal claims that may arise as a result of you transacting with users or assets on the site.