CannaMLS ID: 18560
Created | Updated
Price
$ 500,000
High revenue Medford dispensary- HUGE OPPORTUNITY. 100% turnkey with A+ location
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail, Mixed use
Monthly lease rate: $ 6,800
Zoning: Community Commercial
Building size (sq ft): 4,000
Parking spots: 23
FOR SALE--- 100% TURNKEY & PROFITABLE Dispensary with full inventory. This is the best opportunity to come up for sale in a long time.
Consistent annual revenues of $1.025 million to $1.25 million.
A+ location and ample parking and steady customer flow.
Located on a MAJOR arterial in Medford with roughly 40,000 cars per day. Easily accessible and highly visible building with lots of street exposure and tons of parking.
100% clean and compliant license.
OLCC Retail Dispensary License with medical and home delivery endorsements.
Rent is approximately $6,800/month with 3 years remaining on lease.
Lease Term—Current lease has 3 years remaining and has a tenant option for an additional 3 year lease.
100% compliant with the City of Medford and OLCC.
Included—
All assets and a full inventory (will be approx. $50K value)
Modern and robust security system with over 50 cameras
100% turnkey – everything from display cases, ATM/fixtures to printers, packaging and labels
Clean, modern, warm and welcoming storefront and sales lobby
Full access to entire 4,000+ square foot building with dispensary utilizing only half of the building. Many options for maximizing the entire space or subleasing the unused portion of the building.
Perks—
Profitable and established store
Consistent and loyal customer base with desirable demographics
45% of sales are flower/pre-rolls (perfect for vertical integration)
Highly visible location with significant daily traffic flows
Fully stocked inventory (value will be $50,000 at time of sale)
Turnkey and ready for transfer- well documented SOP’s on hand for smooth transition
Room for growth- 2,000 unused square feet in the building. This second ‘suite’ has its own entrance and can be used for a second business or store front.
Room for growth- minimal effort into marketing and advertising
Room for increased revenue- operating as cash only and have never used card readers
Stellar reputation within the industry for payments, customer service and customer retention.
Excellent established relationships with vendors. Never paid a net terms deal. Nothing owed to ANY vendor.
***WILL NOT DO SELLER CARRY***
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail, Mixed use
Monthly lease rate: $ 6,800
Zoning: Community Commercial
Building size (sq ft): 4,000
Parking spots: 23
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