Oklahoma

$594,000

Profitable Tulsa Area Operating Cannabis Dispensary - Priced to Sell

Oklahoma

Gross Revenue: $1,100,000

FF&E: $43,000

Rent: $3,200 per Month

Inventory: $100,000 (not included in asking price)

Established: 2019

Business Description:

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.

Detailed Information:

  • Location:

    Oklahoma

  • Real Estate:

    Leased

  • Building SF:

    3,200

  • Lease Expiration:

    2/1/2026

  • Employees:

    FF&E:

    8
    Included in asking price

  • Facilities:

    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.

  • Competition:

    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.

  • Growth and Expansion:

    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.

  • Support & Training:

    Financing:

    Seller can provide training during a transitional period to buyer.

    Seller is amenable to seller financing for a portion of the purchase price.

  • Reason For Selling:

    Seller is exiting the industry.

  • Contact:

    Karen Muller – karen@cannabis-brokers.com
    (949) 280-3092