CannaMLS ID: 18714

Cannabis Dispensary Facility for sale in Portland, OR 89183

Very Profitable Dispensary in Portland Oregon w/Loyal Following

Created  | Updated 

Price

$ 1,349,000

Seller financing available

This dispensary stands out from the field with consistently strong earnings since opening in 2015.

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Property

  • Property is: For lease

    The property may be available both for purchase or for lease. Contact listing author for details.

  • Property type: Retail

  • Monthly lease rate: $ 3,500

  • Building size (sq ft): 1,200

This dispensary stands out from the field with consistently strong earnings since opening in 2015. Asking price is a low multiple of adjusted EBITDA and seller financing is available for a portion of the purchase price. This business is ideal for a buyer looking for consistent, historical cash flow and a strong team of long time employees who work independently. This dispensary continues to outperform its competitors, due to excellent service and loyal clientele. A number of competitors in the city have closed and currently the state of Oregon is not issuing any new retail licenses. The shop is located in an area of the city that is experiencing population growth and new anchor retail stores in centers nearby. Parking is easy in this safe and vibrant neighborhood. 1200 sq. ft. with a gross lease of $3500 per month, increasing annually by $100 per month each November, until expiration October 31, 2030.Seller is available to transition the operation of the business to Buyer. Owner is retiring and leaving the state. Seller financing is available at a reasonable interest rate for a portion of the purchase price. Karen Muller, Oregon Principal Broker License #201243632, is the Broker for Seller. NDA and POF required.

Listed by

karen2

Cannabis Business Brokers, Inc.

Professional Licenses

  • California RE Broker
  • California Attorney
  • Oregon RE Broker
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