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Approved Prime Downtown Location Class 5 Cannabis Retail Storefront License For Sale (Elizabeth, New Jersey) #1565

Elizabeth, New Jersey, USA
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Businesses For Sale | Other Cannabis, CBD, & Hemp Businesses For Sale

Listing ID : 2431272

Broker ID : 1565

Listed On November 11, 2024 View Count 20

Listing Updated April 16, 2025

Price :
$875,000
Business Overview :
Business Location Details :
Property Details :
Terms :
Company Overview :
Franchise Overview :
Description :

Class 5 Cannabis Retail Storefront License For Sale (Elizabeth, New Jersey) #1565

Looking for a prime cannabis business opportunity in Elizabeth, New Jersey? The seller has identified 3 locations to move the license to. The seller has a great relationship with the township and will have the resolution pushed through ensuring a quick timeline and turnaround. 

The township of Elizabeth is the 3rd largest in the State of New Jersey and has limited approved locations and licenses (6), this being one of them. Don’t miss out on the chance to invest in this high-potential operation, contact us today to learn more about this lucrative opportunity!

Details:

Lots of Foot Traffic
3 Locations Identified 
Seller has great relationship with township 
Upon acquiring location township will push resolution through
3rd Largest City in New Jersey 
Limited License Township
Sale contingent upon seller locking location   
Elizabeth only allowing 6 resolutions
License:

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: $875k (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. 

Green Life Business Group, Inc DRE CA LIC# 02061374

Elliot Cardenas, DRE CA LIC# 02138336

Drew Mathews, DRE CA LIC# 02091143

If you have any questions Call Elliot (619) 770-2699 & Drew (619) 653-0483

Email: elliot@glbgroupinc.com & ceo@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.

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.

DRE CA # 02061374

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

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