CannaMLS ID: 6635
Created | Updated
Price
$ 1,500,000
Well established store in the Oregon Cannabis Industry! Jump into the Oregon market with a well established, profitable and well respected business. Thi
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Well established store in the Oregon Cannabis Industry!
Jump into the Oregon market with a well established, profitable and well respected business. This opportunity is for 1 retail location that did over $2.3m in sales in 2020 with a NOI of $531,000. The asking price is 3x NOI. This opportunity can be purchased with lease rights or the building can be purchased as well for an additional $1,100,000.
The sale included the Brand, trademark, website, lease rights, inventory, branded marketing material, marketing agreements, training for new ownership up to 30 days, licenses, LLCs and all rights congruent with the business.
NDA and Proof of Funds required for further information. Please contact Broker. Seller open to terms.
5 year lease recently signed with unlimited renewal options. Option to purchase property.