Turnkey Oregon Retail Dispensary Business For Sale (Medford, Oregon) #830

  • $650,000

Business Description

Great opportunity to acquire a fully turnkey retail storefront in the city of Medford, Oregon that is conveniently located off of the main 5 highway. This is a fully licensed Recreational Turnkey Cannabis Dispensary that is known for its excellent customer service. Medford is a city in and the county seat of Jackson County, Oregon. The building is 2,400 Sq Ft and the facility is in a prime location on a busy road with plenty of visibility. Close proximity to Downtown Medford, less than 5 minutes away. The business is utilizing both the Retail & Delivery component, the new owner just has to take over existing operations. This is currently in a Shopping Plaza, and has the Most growth potential of any store in the Seller’s portfolio.

Details:

  • License: Cannabis Retail Storefront
  • Rent: $4393
  • Lease Term: 1 Yr left on lease (5 Yr option)
  • Space: 2,400 Sq Ft
  • Employees: 5
  • 2022 Gross Revenues: 
  • Q1:  $ 159,365 
  • Q2:  $ 239,586 
  • 2022 On Pace To Gross: $797,902
  • 2022 Net Income:
  • Q1:  $ 17,703
  • Q2:  $ 44,377 
  • 2022 On Pace To Net: $124,160

 

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:  $650,000.00

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 Elliot at (619) 770-2699

Or Email : elliot@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 a Local Broker via the Green Life Business Group National Affiliate Program.

Business Details

  • Price: $650,000
  • Business Type: Dispensary Retail w/ Delivery, Retail
  • Business Status: For Sale
  • Location: Oregon
Green Life Business Group, Inc DRE CA LIC# 02061374
Pictures shown are for illustrative purposes only and do not represent the actual business, unless otherwise noted.

Compare listings

Compare
Elliot Cardenas, Agent
  • Elliot Cardenas, Agent