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Fully Operational Cannabis Medical & Adult Use Dispensary Business For Sale (Somerset, New Jersey)

Somerset, NJ, USA
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Businesses For Sale | Retail Stores & Dispensaries For Sale

Listing ID : 1690190

Listed On August 1, 2024 View Count 4

Listing Updated August 8, 2024

Price :
$3,500,000
Business Overview :
Business Location Details :
Property Details :
Terms :
Company Overview :
Franchise Overview :
Description :

Fully Operational Cannabis Medical & Adult Use Dispensary Business For Sale (Somerset, New Jersey) #1453

This is for an operational Cannabis Dispensary business opportunity located in Somerset, New Jersey. Not only is this dispensary located in a PRIME location. If you are looking to expand your company’s footprint in New Jersey through an established brand and company with high revenues, this is the opportunity for you. The business just received approval for adult-use, and began selling to adult-use customers in April 2024. With a secure lease in place and a square footage of 2,700, the Dispensary is located in a popular tourist destination. The sale would include the business, the medical and adult use cannabis license, and the lease of space. Don’t miss out on this chance to join the thriving cannabis community in New Jersey!

Details: 

Space: 2,700 Sq Ft
Rent: $4,500/ month + Utilities 
Lease Terms: 4 YR; (2) 4 YR Option to Renew 
Social Equity: Class V
Employees: 7
POS System: Treez
Training Provided By Owner Post Sale  
Zoned For Delivery
Operational Medical Use May 2023, Opened April 2024 For Adult Use  

License: 

Annual Class 5 Cannabis Retailer: Purchase recreational use cannabis from licensed cultivators, manufacturers, or wholesalers and sell those items to consumers in a retail store 

Asking Price: $3,500,000.00 (Seller Open to Offers)

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Russell Miller, NJ License #1007010  

If you have any questions Call Yesenia at (858) 633-3013 

Email: asm@glbgroupinc.com

National Affiliate Listings

All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by a Local Broker via the Green Life Business Group National Affiliate Program.

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

This listing is provided on BizTrader through an authorized API integration with 420 Property, with explicit permission from the listing owner. Data for listings on BizTrader is refreshed approximately every 24 hours. For the most current information, please view the original listing on 420 Property

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Green Life Business Group, Inc.
License:02077927

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