Cannabis Retail Shop Chain (Two Location -Tourist Area)

CannaMLS ID: 9250
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Price: $1,849,000


Listing Details


Listing Category
Dispensary

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

Adult Use
YES

Price: $1,849,000

Listing Status: Off Market

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.


Listing Details

Listing Status
Off Market

Location
Oregon 97411

Date Listed For Sale:
4/28/2023

Date Last Updated:
5/16/2023

Generating Revenue:
YES

Operational:
YES

Property Details

Built out / Turnkey
YES

Equipment Included
YES

Room for Expansion
YES

Pricing Details

Listing Price
$1,849,000

Seller Financing Available?
YES

Lease Terms:

To be discussed. Under current lease and in good standing. All leases to be assigned.


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