Profitable Cannabis Retail Storefront Business For Sale (Lincoln County, Oregon) #824

Unique opportunity to acquire a fully licensed operational storefront right by the coast. The building is 1000 Sq Ft and brought in $957k in sales for 2021. Being located on a main street on a corner lot this shop has high visibility and plenty of on site parking. 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. This is a beach shop, great Seasonal High Tourists location.

Details:

• License: Cannabis Retail Storefront
• Rent: $1,216.67
• Lease Term: 5 Yrs
• Space: 1000 Sq Ft
• 2022 Gross Revenues: 
• Q1:   $ 199,098 
• Q2:   $ 267,538 
• 2022 Gross: $975,304.02
• 2022 Net Income: $82,157.78
• 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:  $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

Eric Espinoza, DRE LIC CA# 02077927

If you have any questions Call Eric at 858-245-6324

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

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