This fully operating retail dispensary in Brooklyn, New York holds a CAURD license. The 2,800 sq ft space includes 1,200 sq ft of retail and an attached consumption lounge, and the fully built-out members lounge is ready for consumption and events. The business will be in operation for two years at the end of December, generating $200K–$225K in monthly revenue. Located a block away from a major shopping mall, in Brooklyn, New York. This highly organized and compliant business is a perfect addition into an existing portfolio, as a flagship, or as the perfect starter business in a box for the first time operator.

With an affluent community to the south, upper middle class homeowners to the east, and the heart of Brooklyn to the north, customers and revenue are stickier and more diverse than most, including higher than average AOV’s. The nearest competitor less than a mile away recently opened and is a very basic operation. The next competitor has been affected by the proximity correction, and only real competition is over 2 miles away, much smaller, has no members lounge, and serves a different customer primarily.

Details:

Monthly revenue: $200K–$225K
Space: 2,800 sq ft total: 1,200 sq ft retail plus an attached consumption lounge
Fully built-out members lounge, ready for consumption and events
Lease: $19,500 Per Month
Lease Term: 10-year lease
Block Away From Major Mall
Close to $1 million invested in buildout, security, and infrastructure
Fully operating store
Unaffected by Proximity Correction
Fixtures, equipment, point-of-sale system, trained staff, brand relationships
License:

Retail Storefront – Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.
 

Asking price: $2,200,000.00

Must sign an NDA/Waiver 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

Elliot Cardenas, DRE CA LIC #02138336

If you have any questions Call Elliot (619)-770-2699

Email: elliot@glbgroupinc.com

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

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

Disclaimer: The content of this listing is based solely on information provided by the seller to Green Life Business Group®, Inc. Green Life Business Group®, Inc has not independently verified or confirmed the accuracy, completeness, or reliability of any such information and makes no representation or warranty, express or implied, regarding it. Any party relying on the description or other listing information should conduct its own independent due diligence and verification.