Listing ID : 674516
Posted on February 12, 2024 94
This opportunity will sell fast! This is your chance to acquire approvals for an annual Class 5 retailer storefront license along with the option to purchase the real estate. The location is in high demand as it offers a high amount of foot traffic. Situated on a high-traffic street with nearby residential apartment units, this prime location offers unparalleled visibility and accessibility. This is an incredible opportunity to purchase a Class 5 dispensary retail license with a potential option to purchase the accompanying real estate. While the business is currently non-operational, the new owner has the ability to customize the space during the build-out process, tailoring it to meet their unique vision and the evolving demands of the market. Don’t miss the chance to pioneer a distinctive cannabis retail experience in New Jersey, where the intersection of high visibility, residential proximity, and untapped potential awaits your entrepreneurial spirit. Seize this opportunity to shape the future of cannabis dispensary retail in a location poised for success.
Space: Disclosed After Executed NDA
Rent: $12k/Month + Utilities
Lease: 5 YR w/ Option to Extend & Potential Option to Purchase Real Estate
Real Estate Value: $4M
Class 5 Cannabis Retailer: Purchase recreational use cannabis from licensed cultivators, manufacturers, or wholesalers and sell those items to consumers in a retail store. Dispensary Storefront: Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance.
Asking Price: $5.9M (Seller Open to Offers)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Gordon Sattro, DRE CA LIC #02136011
If you have any questions Call Gordon 858-220-2185
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.
National Affiliate Listings
All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by Local Broker via the Green Life Business Group National Affiliate Program
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