Cannabis Dispensary With Multi-City Operations

Not Disclosed, OK
Tulsa County

Central Tulsa, off Sheridan Ave.


Asking Price: Annual Revenue:
$1,100,000 $2,250,698

Retail: Non-classifiable


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RE: Cannabis Dispensary With Multi-City Operations Broker: Andrew Popa

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $2,250,698
Net Profit: Not Disclosed
Cash Flow: $641,828
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 6
BBN Listing #: 955657343
Broker Reference #: 45745-834445

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Business Overview:

Dispensary business with two locations, one in Tulsa opened in Nov 2018, likely the largest dispensary in the city , and the second in OKC opened in July 2019 and growing fast.

Product lines include flower, edibles, vapes, and rolls. Reliable sourcing from over 7 suppliers with meticulous recording of growth source. Sale include approximately 100,000 in product inventory included in the price.

Tulsa store brings in approximately 150 clients per day that spend on average 7100 per day, Monday through Saturday. Owners expect total sales of 2.2 M in 2019 and a profit margin of approximately 35%. Both stores have managers on sites, and 3 FTEs in Tulsa and 1 FTE in OKC.

Customers have a wide choice of 30 different flower product types, in addition to edibles, concentrates, and vapes.

Owner is 71 and looking for retire, make your best offer today!

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Market Competition and Expansion:

Tulsa store opened in November 2018 and the OKC store opened in August 2019.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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