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Conditional License Tier 5 Cannabis Retailer & Annual License Processing Local Approvals For Sale (Jersey City, New Jersey)

Jersey City, NJ, USA
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Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 637519

Posted on October 24, 2023 View Count 167

Price For Sale:
$3,950,000
Company Name:
Green Life Business Group Inc.
Phone:
858-220-2185
Email:
gordon@glbgroupinc.com
Description :

This listing presents a rare opportunity to acquire a Cannabis Class 5 Dispensary business in New Jersey. The business has obtained all necessary local approvals for retail operations, and its annual license is currently pending. The dispensary is located in Jersey City Heights, a bustling area with convenient access to over 100 municipal parking spaces, including a nearby public parking lot with 75+ car capacity. The facility itself spans 3,412.7 square feet, providing ample space for operations. Additionally, there is a Right of First Refusal (ROFR) on the sale of the building, as well as the option to lease the adjacent space, which is currently a restaurant. The demand for cannabis properties and annual licenses in New Jersey is high, making this opportunity particularly attractive for individuals or multi-state operators seeking to expand their presence in the state’s market.

Details: 

Space: 3,400 Sq. Ft.
Lease: $10,000 a month
Lease Terms: 5 years and 5 year option
Annual License Pending
Parking: Public parking with 75+

Licenses:

Class 5 Cannabis Retailer: Purchase recreational use cannabis from licensed cultivators, manufacturers, or wholesalers and sell those items to consumers in a retail store.
Conditional license: Begin building out operations for the cultivation, manufacture, dispensing, wholesale, distribution, or delivery of recreational use cannabis while working towards meeting the requirements for a cannabis cultivator, manufacturer, dispensary, wholesaler, distributor, or delivery license. 
 

Asking Price: $3,950,000.00 (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 at 858-220-2185

Email: gordon@glbgroupinc.com

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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Green Life Business Group Inc.
License:DRE CA # 02061374

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