Profitable Cannabis Retail Storefront Business For Sale (Clatsop County, Oregon) #831

AMAZING opportunity to acquire a fully licensed operational storefront in Tillamook County, Oregon. Storefront #1 is 700 Sq Ft and brought in $738k in sales for 2021. The shop is located on a corner lot and has ample street parking. Storefront #2 is 1,400 Sq Ft and brought in $1M in sales for 2021. The shop is located on a corner lot and has ample street parking. This is a Top 5 store of the entire Portfolio of this Brand. These shops are known for their employees’ great product knowledge, flower selection and friendly staff. The Strawberry Festival brings in a lot of tourists that make these shops a destination point!

This is a great opportunity for someone who is looking to enter the Oregon cannabis market 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

• Storefront#1

• • • Rent: $900
    • Lease Term: 5 Yrs
    • Space: 700 Sq Ft
    • 2022 Gross Revenue: Q1:  $ 192,636, Q2:  $ 206,213  
    • 2022 Net Income: Q1:  $ 14,333 ,Q2:  $ 28,522 
    • Number of employees: 5

• Storefront #2

• • Rent: $1125
  • Lease Term: 5 Yrs
  • Space: 1,400 Sq Ft
  • 2022 Gross Revenues: Q1:  $ 302,786, Q2:  $ 333,710  
  • 2022 Net Income: Q1:  $ 72,003, Q2:  $ 81,797 
  • Number of employees: 7

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:  $1,800,000.00

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

If you have any questions call Tom (619) 972-5952   

Or Email : nationwide@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 opportunity.