This retail cannabis shop chain is well positioned for success servicing a local community with a wonderful tourist economy. These two well ran cannabis locations generate over $2M in sales annually.
The residents of the county have a median age of approximately 49 years old and earn an average household income of approximately $35,000 per year. The south coastal area of Oregon generates roughly $400 million in tourism each year.
In total, this retail chain of 2 THC locations produced sales of over $2 million in 2022.
The company employs a full time Area General Manager who oversees both stores and is supported by the owners. Ownership's labor contribution to the operation is on a limited basis. They spend approximately 5 hours a week providing executive oversight, banking, and accounting support across all of their retail shops.
The lead M&A intermediary for this company sale is Seth Rudin. Mr. Rudin can be contacted directly at (425) 454-3052 or seth@ibainc.com. He is partnering with Mr. Joseph Hollcraft whose phone is (503) 739-4880 or joseph@ibainc.com.