Fully Operational Cannabis Retail Storefront Business For Sale (Portland, Oregon) #1108

Great opportunity to purchase a fully operational retail storefront just Southeast of Portland. The shop is near two major highways and on a main street that is perfect for constant exposure from daily commuters. The building is 1,150 Sq Ft with plenty of parking spaces on site. In 2021, the business generated $979k in Gross Sales and Net $117k. This location is known for its great prices, large variety of quality products and friendly and knowledgeable staff.

This is a great opportunity for someone who is looking to enter the cannabis industry into a fully turnkey business, a multi state operator looking to expand their footprint or an Oregon operator who is looking to expand business operations and locations. 

Details:

• License: Cannabis Retail Storefront
• Rent: $2,166
• Lease Term: 5 years
• Space: 1,150 Sq Ft
• 2022 Gross Revenues: $893,390.98
• 2022 Net Income: $39,292.78

License:

• Retail Storefront: A retail license is required to service recreational patients. A dispensary or caregiver license is needed to serve medical patients. It is possible to hold both licenses by paying a “medical bump up” fee to the OLCC. However, the medical and recreational dispensaries must be separate buildings (or suites).

Asking Price:  $950,000.00

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Scott Hite, DRE LIC OR# 201218627

Yesenia Jimenez, DRE LIC CA# 02073168

If you have any questions Call Yesenia (858) 633-3013 

Or Email : asm@glbgroupinc.com

National Affiliate Listings

All listings included in this section are represented by locally licensed real estate brokers where necessary.

This listing is represented by (Local Broker) via the Green Life Business Group National Affiliate Program.

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.