Business Description
Rare opportunity to acquire a fully operational retail cannabis business in Cornelius, Oregon. The building is 1,800 Sq Ft and the facility is located in a prime location near downtown Cornelius. This is a fully operational Cannabis Dispensary that is known for its excellent customer service. The facility is in a prime location on a busy road with plenty of visibility. Close proximity to Downtown Cornelius, less than 5 minutes away. Great Shop very close to Major brands like Nike. It is located on a Main St, very busy area.
Details:
- License: Cannabis Retail Storefront
- Rent: $3,532
- Lease Term: 5 Yrs
- Space: 1,800 Sq Ft
- Number of employees: 5
- 2022 Gross Revenues:
- Q1: $ 344,984
- Q2: $ 391,112
- 2022 On Pace To Gross: $1,472,192
- 2022 Net Income:
- Q1: $ 63,246
- Q2: $ 84,734
- 2022 On Pace To Net: $295,960
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: $1,100,000.00
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: $1,100,000
- Business Type: Dispensary Retail w/ Delivery, Retail
- Business Status: For Sale
- Location: Oregon
