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New York City Dispensary in Prime Union Square Location

New York, NY, USA
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Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale

Listing ID : 831838

Listed On August 23, 2024 View Count 28

Listing Updated August 24, 2024

Price :
$2,500,000
Business Overview :
License Details :
License Status:
Active – Current
License Type:
Recreational/ Adult Use
Business Location Details :
Business Location:
Leased
Rent:
$16,000
Facility & Tenant Improvements:
1,750 sq. ft. ground floor and 1,000 sq. ft lower level are leased at $16,000 NNN. 10 year lease with 3% annual escalations.
Size:
2,750 Sq. Ft.
Utilities:
Electricity, City Water, Sewer, Garbage
Terms :
Financing:
Cash, Owner Financing
NDA Required:
Yes
Support & Training Offered:
Seller can assist in a transition of the business to Buyer.
Company Overview :
Description :

This Licensed Dispensary is located in a prime Union Square location, within a couple blocks of the Union Square subway station. Nearby neighborhoods include Chelsea and Greenwich Village. The build-out is almost complete with opening plans for September 2024. The price is for 100% of the business and the license, including a social equity component. Very few dispensary locations remain in Manhattan due to strict zoning provisions. Seller is amenable to financing a portion of the purchase with a credit worthy note.  Seller also has a similar opportunity in a densely populated part of Queens, which can also be acquired, if desired by Buyer. Karen Muller, New York Broker #10351215829, is the broker for seller. NDA and POF required.

Listing Highlights

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