Portland
OLCC Rec/Med Retail Store
2018 Earnings of $550,000
Cozy and Chic 900 Ft.² Store
Amongst Portland’s Hottest Neighborhoods!
$399,000
Offer #214
Call Us Today!
(888) 743-0569
- Total Sales for 2018 at $550,000
- Great Location From Well Established Store
- Lease Through 2025
Old School Charm Among Portland’s Most Vibrant and Exploding Districts! Desirable recreational marijuana retail store locations in Oregon have always been hard to acquire. The proximity rules by which licensees must abide make it inherently difficult for many retailers to secure the best retail locations, and, with the OLCC s pausing of new applications received after June 15th, 2018, even if you found a compliant location for a retail store in the Portland metropolitan area, you’d have to endure 18 to 24 months of uncertainty before knowing the likelihood of licensure.
Hit the ground running with a turnkey recreational and medical marijuana retail store in Oregon’s largest and most desirable marijuana market, at a coveted location teeming with young urban dwellers, shoppers and tourists, and surrounded by the industry’s most desirable median-aged buyers!
Cool Neighborhood Vibe-Classic Oregon Dispensary Presentation. Rooted in Oregon’s storied medical marijuana tradition of storefronting from funky-cool houses, this recreational and medical marijuana retailer presents from a cozy 900 ft.² store crafted within a turn of the century 2500 ft.² commercialized home.
Neighborhood Nexus! This outstanding location taps into three of Portland’s most vibrant and rapidly growing districts. This store is surrounded by over 15,500 housing units in a ZIP Code with a median household income of $70,000 and a median age of 37, which is the marijuana-buyer-age sweet spot!
REC/MMJ! Full Service Recreational and Medical Retail Store.
Cozy and Welcoming! Over 900 ft.² of retail store space, beautifully designed and tailored for an exceptional customer experience! Well lit, contemporary, L-counter design with upscale appointments, ATM, cooler and accessories.
OG! Established as an HB 3460 Medical Marijuana Dispensary in 2014, this well established store has a dedicated following and strong reputation for value, selection, and customer service. Includes valuable Policies and Procedures and management template.
Exceptional staff! Fully trained, friendly, and professional team eager to help keep things running smoothly during transition or long-term!
Value Brand For Locals. Consistently rated among the best retail options by area residents, the store has cultivated a reputation as the go-to source for fair-priced, high-quality marijuana inventory.
- CURRENT OLCC-APPROVED LICENSE AT LOCATION: RETAILER
- ASKING PRICE: $399,000
- COUNTY: MULTNOMAH
- OPERATIONAL STATUS: Open and conducting business
- ON OFFER: Business, Assets, Lease Assumption (Purchaser will assume lease and operate at existing location)
- FACILITY SIZE: Approximately 900 ft.²
- CURRENT LEASE AMOUNT: $6,000.00
- LEASE TERMS: One-year on existing lease with five-year option. Landlord willing to renegotiate longer terms.
- ANNUAL or MONTHLY REVENUES: 2017 $814,957; 2018 $547,784
- INCLUDED WITH SALE: True turnkey, asset list available to qualified buyers.
Buy Smarter! The Green Rush Advisory Group, LLC offers a variety of WSLCB and OLCC Business acquisition strategies. Contact us today! (888) 743-0569 / www.Green-Rush.us. © 2019 Green Rush Advisory Group, LLC, Portland, OR, 97205. All Rights Reserved.