NE OK Med Dispensary $1M Inv for $699K

Tulsa, OK (Tulsa County) (Relocatable)

Seller Financing Available

• Hot New Listing!

• Ash 213-444-6337

Asking Price:$699,000

Cash Flow:N/A

Gross Revenue:$1,000,000

EBITDA:$250,000

FF&E:$50,000

Inventory:$100,000

Rent:$1,000

Established:2019

Business Description

OK Dispo $280K net on $1M+ Sales for $699K!!!

Rogers County OK Licensed Medical Cannabis Dispensary with 1yr Avg Net Cashflow of $250K on $1M Sales Offered for $699K!!!

$100K Non refundable deposit.
Get in the Game! This well-positioned cashflow positive 1 ½ -year old medical cannabis business is widely considered one of the best top-shelf, black label dispensaries in the Metro. Company has increased revenues every month with annualized sales exceeding $1 million operating from an 1800 sq ft bldg! Adjusted net cashflow is $250K with over $100K in current inventory and FF&E included. Most of the seasoned team of 2+ employees have been with the company for over a year. Business licenses are transferrable with new owner(s) subject to OK background check.
The company is in a “strategic location” on Old Route 66 Highway(The MotherRoad) to grow 10-25% annually due to the steady increase in traffic for medical cannabis products demand and current weak supply of top shelf flower. There are also strong opportunities to develop new business profit centers as well expansion of the brand to similar sized markets and/or communities. The business is located on US Highway 66 3 miles from I-44 with low cost of living, minimal competition and existing skilled labor force. The owner will provide extensive training and support during the transition and would be available for future consulting under employment agreement. The business is priced at $699K including $100K current inventory, and over $50K in FF&E. 1800 Sq. Ft lease has over 3yrs remaining at $1000 month. Attractive financing options may be available for right buyer!
Please call or email Ash today for more information: 213-444-6237 This is an incredible value and unique opportunity to own a proven dispensary business that is extremely profitable, recession proof and FUN!

Detailed Information

Location:

Tulsa, OK

Inventory:

Included in asking price

Real Estate:

Leased

Building SF:

1,800

Lease Expiration:

9/30/2023

Employees:

3

Furniture, Fixtures, & Equipment (FF&E):

Included in asking price

Facilities:

1800 sq ft stand alone retail bldg on Historic Old Route 66 Highway

Competition:

Competitive marketplace within a new industry(2yrs) Owner has first mover advantage in location and established loyal customer base

Growth & Expansion:

Business growing 10-25% annually with addition of new product lines and expanded awareness of this new and exciting industry!

Financing:

negotiable

Support & Training:

1 month training provided with paid consulting available.

Reason for Selling:

Owner pursuing other business ops

Ash 213-444-6237

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