Oregon Coast Cannabis Retail

Not Disclosed, OR
Curry County

Asking Price: Annual Revenue:
$3,575,000 $2,900,000

Retail: Health, Beauty, Nutrition

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RE: Oregon Coast Cannabis Retail Broker: Joseph Hollcraft
Owner Financing is Available!
The seller will finance a portion of the transaction for a qualified buyer.

Quick Facts

Asking Price: $3,575,000
Annual Revenue: $2,900,000
Net Profit: Not Disclosed
Cash Flow: $1,170,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 846135781
Broker Reference #: OCC2022

Email or Print Listing

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Business Overview:

This is an excellent opportunity to own a profitable, retail cannabis business with excellent systems, infrastructure, and staff in an attractive retail setting addressing all variables in this emerging industry presently owned and operated by experienced, successful entrepreneurs. The business offers an entrepreneur the ability to enter the market with an established brand with the ability to increase market share and locations.

This cannabis retail business is well managed and merchandised. Consumers of cannabis will find a full range of cannabis products when shopping. The cannabis merchandise ranges from flower, concentrates, cartridges, vape pens, edibles, pre-rolled joint, vaporizers, topicals to locally-made and imported pipes, bongs, and dab rigs. As an example, some of the brands include Meraki Gardens pre-rolled joints, Bonafide Cannabis flower, Cave Junction flower, Avitas extracts, Kumar Smoke Points (paraphernalia), and several others.

In addition to strong product lines, the business has a reputation for providing superb customer service. When customers visit one of their retail shops, they are greeted by friendly staff and experience a unique concierge level customer service offering superior product knowledge tailored to the needs of a cannabis connoisseur or the first-time user.

The business is exceptionally merchandised for product presentation and selection with all budtenders prepared to provide a special 1:1 customer experience unlike any other in the area.

The owners have set up the future buyer for success with seamless processes, clear and effective marketing, and fully compliant operations under the regulation of Oregon Liquor and Cannabis Commission. This is a turnkey operation that is projected to grow organically for many years.

No new licenses for cannabis retail shops will be granted by Oregon’s Liquor and Cannabis Commission per a November 2021 moratorium.

The cannabis industry grew 21% from 2019 to 2021 generating $21 billion of revenue per year with expected global market growth to $146 billion by end of 2025. In Oregon, cannabis sales reached $1.2 billion in sales in 2021 and the industry continues to see growth. Techlogix realized $2.9 million in retail sales in 2021.

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Additional Details:

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

Relevant Links:

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