Gross Revenue: $1,100,000
Rent: $3,200 per Month
Inventory: $100,000 (not included in asking price)
Enter the Oklahoma market with a successful, operating dispensary in suburban Tulsa. The dispensary is conveniently located on a major thoroughfare and has many loyal customers, which it has acquired since opening in 2019. Average daily sales were $3000 per day in 2022, and have increased to $3250 in 2023. In addition, the purchase includes two paper dispensary licenses, which can be relocated anywhere in the state and are valued at over $15,000. The 3,200 sq. ft. dispensary is leased at $3,200 per month NNN through February 1, 2026. Note, Oklahoma has a two year residency requirement for all cannabis license holders. NDA and POF required. Seller is represented by Karen Muller, Oklahoma Broker#203113.
Included in asking price
The 3200 sq. ft. dispensary is leased at $3,200 per month NNN through February 1, 2026. Ample parking and easy access off a main road.
Seller is extremely well located, in the heart of a shopping district, surrounded by major, national retailers. Seller is first on Weedmaps for its area and successfully uses customer texting and loyalty programs.
The suburban area surrounding the dispensary is growing, with population up close to 40% since 2020. The suburb has a 65% rate of home ownership, highly rated schools, an average age of 33.5 and a low unemployment rate. There are many recreational, shopping and entertainment destinations in the area. Many families and young professionals call the area home and present strong retail demographics.
Seller can provide training during a transitional period to buyer.
Seller is amenable to seller financing for a portion of the purchase price.
Seller is exiting the industry.
Karen Muller – email@example.com