Fully Operational Turn Key Cannabis Retail Storefront Business For Sale (Salem, OR) #769

Great opportunity to acquire a fully operational Turn Key Cannabis Retail Storefront business in the highly demanded state of Oregon. The current business sits on a 2,500 Square Foot facility that is highly known and reputable due to the businesses aesthetics and eye grabbing visibility. 

The business currently generates approximately $1.2M dollars in sales and is fully turn key ready for a new owner. 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: Retail Storefront
• Space: 2,500 Sq. Ft. (1,000 Sq. Ft. of Sale Room Floor) 
• Rent: $1,750/Month
• Lease: 2 Yrs left w/ 5 YR Option (5% Increase Cap)
• # of employees: Approx. 10
• Recreational and Medicinal 
• Licensed both at Local and State Level

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).

Looking for Funding? 

Whether it’s for a fast growth situation, a turnaround in a rising industry we can connect you with lenders. If you are looking for acquisitions, purchases and expansion these lenders could fund against a company’s revenues, accounts receivable, licenses, inventory, and real estate. By focusing on assets, instead of balance sheets and projections, the lenders could fund opportunities that banks can not. Please notify the listing agent mentioned below if you want to hear more information about this. 

Asking Price:  $1,250,000.00

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

Elliot Cardenas, DRE LIC CA# 02138336 

If you have any questions Call at 619-770-2699

Or Email : elliot@glbgroupinc.com

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

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