Vertically Integrated Dispensary w/ excellent financials

CannaMLS ID: 8128
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Price: $10,000,000


Listing Details


Listing Category
Cultivation
Manufacturing
Distribution
Dispensary

License Status
Conditional use permit granted
Municipal / local license granted
State / annual license granted

Medical
YES

Adult Use
NO

Price: $10,000,000

Listing Status: For Sale

This turn-key, highly profitable business is located in a prime area of Tulsa, OK with ample parking. This investment is a vertically integrated, thriving business with 3 active licenses. This 12,500 SF location dedicates most of 10,000 SF to cultivation, a small portion to manufacturing and 2500 SF to retail. Lease rate is $7,500/month ($0.60/SF) and the real estate is available for sale. This business was established (2019) early in the Oklahoma Medical Marijuana land race and boasts legacy licenses as well as a strong cult following. Not only do daily smokers know this brand, but competitors are willing to pay premium prices to carry this brand’s products.

  • Excellent financial(s) for several years running
  • Valued at ~5X Free Cash Flow
  • Prime Location in Central Tulsa, OK; less than 1 mile from two major highways
  • Strong Brand Recognition with a cult following
  • Processing license has barely been utilized (strong upside)
  • Sale includes furniture, fixtures, and equipment
  • Landlord willing to sell real estate (inquire for price) Employees/Inventory included.


Listing Details

Listing Status
For Sale

Location
Tulsa, Oklahoma 74145

Date Listed For Sale:
1/3/2023

Date Last Updated:
2/27/2023

Generating Revenue:
YES

Operational:
YES

Property Details

Buiding Size (sq ft)
12600 sq ft

Lot Size (acres)
1 acres

Built out / Turnkey
YES

Equipment Included
YES

Room for Expansion
YES

Green Zone Confirmed
YES

Pricing Details

Listing Price
$10,000,000

Property Purchase Price
$1,400,000

Property Lease Rate
$7,500/month

Lease Terms:

Lease to be renewed in 2024, building for sale $1,400,000


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