Portland Marijuana Producer
Turnkey INDOOR Tier 1
Fully Automated
Offer #192
“Within walking distance to Portland’s Green Mile”
4680 ft.², Custom-Built Close-In SE Portland Facility
1224 ft.² Indoor Canopy of High-THC Strains
Expandable to 1904 ft.², 500-flowering-plant capacity!
Automated lighting, app-controlled irrigation and AC
Valuable Marketing Database of ALL OLCC Licensed Buyers
Just $399,000!
Call Us Today!
(888) 743-0569
Exceptionally implemented indoor Tier 1 Marijuana Producer operation in close-in Southeast Portland.
With unbeatable sales-logistics best described as, “within walking distance of Portland’s venerable Green mile,” this custom-built, indoor marijuana production operation offers buyers a turnkey engagement of Oregon’s largest and most desirable recreational marijuana market.
Coveted Logistics! The proximity to Portland’s Green Mile offers a substantial and rarely available geographical advantage to fomenting relationships with nearby licensed recreational buyers. Your sales personnel will be able to cultivate personal relationships with licensed recreational Retail buyers easier, more consistently, and more efficiently than your competitors. And the neighborhood has plenty of infrastructure for informal community outreach, such as buyer-aggregation events at nearby dining and craft beer venues.
Desirable Demographics! Located in industry-friendly Multnomah County, Oregon’s largest marijuana market, where geographical location, consumer demographics, and a concentration of licensed retail buyers coalesce to present you the greatest possible sales opportunities, and cost effective distribution routes to Oregon’s most desirable markets.
- Almost 40% of ALL LICENSED RETAIL BUYERS are in the Portland Metro! The Portland metro area is both Oregon’s largest market of licensed retail buyers AND the state’s largest marijuana consumer market.
- Almost ALL LICENSED RETAIL BUYERS and CONSUMERS are Nearby! Marion and Lane counties are an easy I-5 drive away and, combined with the Tri-County Portland metropolitan area, include over 60% of all of Oregon’s licensed retail buyers and almost 61% of all Oregon consumers.
Feature Rich, Fully Compliant, Custom Marijuana Production Buildout. The facility was built out in 2016-2017 by an in-house team. The contractor of the buildout, who is also one of the marijuana business owners, and a talented carpentry team invested over $600,000 in time, materials and expertise perfecting and permitting a hyper-efficient indoor marijuana production operation. Their efforts included hundreds of hours of ratifying operational characteristics with the City of Portland, resulting in a positive relationship with local licensing authorities and 100% compliancy with all City of Portland, Department of Community and Civic Life, Marijuana Regulatory License requirements.
With robust automation and best-practices operational touches, such as condensate hard-piped out of the building and app-controlled irrigation and AC controls, this implementation of indoor marijuana production leverages technology, protects compliance, and imbues your acquisition with mission-critical turnkey assets that bolster success and inform a fastest-possible ROI.
Offer Details
LICENSE TYPE: INDOOR TIER 1
ASKING PRICE: $399,000
COUNTY: MULTNOMAH
OPERATIONAL STATUS: Open and conducting business
ON OFFER: Business and Assets, Lease Assumption (Purchaser will assume lease and operate at existing location)
CURRENT OLCC-APPROVED CANOPY SIZE: 1,224 ft.² (expandable to 1904 ft.²)
FACILITY SIZE: 4,680 ft.²
CURRENT LEASE AMOUNT: $7,700 per Month
LEASE TERMS: NNN, Four-year lease expires on 2/29/20. Can be assigned if assignee is approved by landlord. Seller currently personally guarantees the lease. Includes two 5-year renewal options with defined increases, extending potential tenancy to the year 2030!
ANNUAL or MONTHLY REVENUES: $224,000 in 2017 (April through-October, average of $32,000 per month)
INCLUDED WITH SALE:
All current equipment and marijuana production infrastructure, inclusive of 32 camera OLCC-compliant video surveillance system with off-site recording, large OLCC-compliant safe, lock out doors from entry to secured areas, etc. Full, detailed asset list available.
Current Growing Environment and Methodologies:
Inventory is grown in three-gallon dirt pots
Automated delivery of liquid, (synthetic/natural) foods
NO PESTICIDES used
New owner could switch over to hydroponics fairly easily
Grow Room #1, 576 ft.² (16X36):
Approximately 150 plants
24 HPS DE lights on 24 dimmable ballasts
Automated irrigation system controlled by an app
Automated lighting system
Moveable trays
9 tons of air conditioning controlled by an app (Elite 4-ton and Elite 5-ton)
Humidity controlled by three stand-alone dehumidifiers
All condensate is hard piped to exit the building
CO2 piped in with automation and regulators
OLCC approved safety equipment and cameras
Grow Room #2, 468 ft.² (18X26):
Approximately 170 plants
24 HPS DE lights on 24 dimmable ballasts
Automated irrigation system controlled by an app
Automated lighting system
Moveable trays
9 tons of air conditioning controlled by an app (Elite 4-ton and Elite 5-ton with mass dehumidifier)
Humidity controlled by the mass dehumidifier in the 5-ton unit
Condensate is hard piped to exit the building
CO2 piped in with automation and regulators
OLCC approved safety equipment and cameras
Grow Room #3, 680 ft.² (20X34):
Unfinished, designed for 180 flowering plants
Drying and Trim Room:
Can handle all harvest sizes
Equipped with EZ Trim Drone (dry or wet trim)
Hand trimming stations
Humidity controlled
Vegetative Growth and Cloning Rooms:
Room are expandable and can handle all harvest sizes
Lighting is a combination of HPS and T-5 fluorescent
Many trays
Seller’s Statement Regarding Facility Yield Potential
While the type of marijuana strains grown, the skill of the grower and a myriad of other variables greatly impacts marijuana production yields, when fully built out, this indoor marijuana production facility could easily accommodate approximately 500 flowering marijuana plants in various stages of their fruiting cycle and yield about 900 pounds of sellable marijuana flower per year.
Currently, plants flower about every 60 days. Harvest and cleanup time per room is running about six days, so total time per harvest is currently 66 days, resulting in about 5 1/2 harvests per room, per year.
At 5.5 harvests a year, we anticipate 2,750 plants harvested annually. A conservative yield estimate of approximately 150 grams per plant results in 412,500 grams a year, or about 900 pounds annually and an average of about 75 pounds a month.
If you prefer to view yield in the context of pounds-per-light, the above yield estimate translates into about 2.3 pounds per light for our 72-light model.
Trim is not included in this calculation and yield is usually a combination of A and B bud and that mix is dependent on training, strains and vegging time.
Inventory Included:
All inventory available at the time of sale, whatever that is, is available assuming OLCC approval or an operating agreement.
Seller Additional Comments:
Brand name suitable for marijuana inventory products and even a Retail store name.
Extremely talented master grower with over 15 years of marijuana growing experience, and a METRC/compliance officer and facility operations director, both current owners of the business, are willing to stay on for either transitional or permanent support, enabling a seamless acquisition of this turnkey opportunity.
Clone production model means low cost of goods.
Buy Smarter! The Green Rush Advisory Group, LLC offers a variety of Washington and Oregon Marijuana Business acquisition strategies. Contact us today! (888) 743-0569 / www.Green-Rush.us. © 2019 Green Rush Advisory Group, LLC, Portland, OR 97364 All Rights Reserved.
