Listing ID : 856498
Listed On October 20, 2024 18
Listing Updated October 20, 2024
Listing Highlights :
Prime Central New Jersey Class 5 Cannabis Retail Store For Sale
Grab Some Garden State Gold!
Fully Approved New Jersey Cannabis Regulatory Commission Class 5 Retailer
Unlock a Turnkey Cannabis Retail Opportunity in a Prime New Jersey Market
This is your chance to enter the booming New Jersey cannabis market with a fully built-out, Class 5 Retailer store, located in a high-demand region near a university campus and within a densely populated area of 600,000.
“New Jersey’s cannabis market has seen rapid growth since recreational sales began in April 2022. By 2023, the state generated approximately $800 million in combined medicinal and recreational cannabis sales. With recreational sales expected to exceed $1 billion in 2024, the market shows strong signs of expansion, driven by increasing numbers of licensed dispensaries and consumer demand. For the first quarter of 2024, recreational cannabis sales alone reached $201 million, a 38% increase compared to the same period in 2023. Over the 4/20 weekend in 2024, sales hit a high of $12.5 million across medicinal and recreational products.” –NEW JERSEY GOV / BENZINGA
Prime Retail Location. Beautiful 2200 ft.² store is positioned to capture high foot traffic from the nearby university–a potential built-in customer base.
Turnkey Access. Avoid the time consuming and costly risks of the application process and jump straight into operations with a fully built-out store and approved license.
Growing Market. The New Jersey cannabis market is expected to generate over $2 billion annually by 2025, positioning you to thrive in a newly legalized state.
Buyers must sign an NDA and provide proof of funds to engage with the seller.
Contact us today to learn more about this high-potential opportunity.
$5 Million
Contact us today! acquisitions@green-rush.us / (888)-743-0569
Offer #CRC201
LICENSE TYPE: NEW JERSEY CANNABIS REGULATORY COMMISSION (CRC) CLASS 5 RETAILER
OPERATIONAL STATUS: Conditional Approval, Approval of Annual License Imminent. Store is ready for business upon Issuance of Annual License.
ON OFFER: License, Assets and Leasehold (Purchaser will assume lease and operate at existing location)
FACILITY SIZE: 2200 ft.²
CURRENT LEASE AMOUNT: $10,000 or less per month after NNN
LEASE TERMS: Sublease from seller of cannabis opportunity
INCLUDED WITH SALE: All seller-owned Furniture, Fixtures and Equipment, such as Cannabis Retailer assets like Display Cases, compliant video surveillance and security system, POS Hardware, Safes, etc.
Buy Smarter! The Green Rush Advisory Group, LLC offers a variety of New Jersey Cannabis Regulatory Commission (CRC) license acquisition strategies. Contact us today! (888) 743-0569 / www.Green-Rush.us. ©2013-2024 Green Rush Advisory Group, LLC, Neotsu, OR, 97364. All Rights Reserved.
Outdoor approved NJ jurisdiction. 12 acres, with potential supply agreement. Zoned for both outdoor grow and manufacturing.
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