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Rare Annually Licensed Class 5 Cannabis Retail Storefront Business (New Jersey, USA)

New Jersey, USA
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Businesses For Sale | Retail Stores & Dispensaries For Sale

Listing ID : 425181

Posted on December 8, 2023 View Count 1

Price :
$5,900,000
Business Financials & Assets :
Property Details :
Business Details :
Terms :
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

Rare opportunity to acquire a Cannabis Class 5 Dispensary business in the highly sought after state of New Jersey. This business stands on a 3,000 square foot facility that is fully approved at the local and state level and has received the currently scarce Annual License. The owner has gone through local and state jurisdictions and has the Annual license in hand representing a great value! The business is located in a prime location next to a busy highway where New York Traffic flows through.

Not only is the property approved for retail storefront sales, it is also zoned for Cultivation, Manufacturing, Distribution, Delivery and On Site Consumption where a Multistate Operator or Large Scale operator can be fully vertically integrated all under the same roof.

New Jersey opportunities are currently very high in demand. There are multiple licenses throughout the state of New Jersey in search of a home in a state where cannabis properties are VERY scarce as well as Annual Licenses therefore losing complete value. This is a great opportunity for someone who is looking to expand their footprint in the New Jersey Market with a rare opportunity, a multi-state operator looking to target a clean canvas, etc.

Details: 

Space: 3,000 Sq. Ft.
Parking Spots: 14 (Rare)
Class 5 Dispensary License
CRC License Local Approval
Could build up to 5 Stories
18-20 FT Ceilings
Located on Extremely Busy Highway
ANNUAL LICENSE
1 of 10 Licenses
Township Allows for Consumption Lounge
Seller Also Open To Selling The Underlying Real Estate
Ready to be built
New York City Traffic Flows Through This Highway
Property is Zoned Class 1,2,3,4 (Cultivation, Manufacturing, Distribution, Delivery)
Potential Full Vertical Integration

1-2 Months Until Completely Built-out (Nearing the End of Construction)

Licenses:

Dispensary 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.

Asking Price: $5,900,000.00

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Russel Miller NJ DRE Lic#1007010

Green Life Business Group, Inc DRE CA LIC# 02061374

Gordon Sattro, DRE CA LIC #02136011

Elliot Cardenas, DRE CA LIC #02138336

If you have any questions call Gordon at 858-220-2185 or Elliot at 619-770-2699

Email: gordon@glbgroupinc.com or elliot@glbgroupinc.com

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

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

High Selling CBD / THC Store in Naples, Fl $850,000
High Selling CBD / THC Store in Naples, Fl

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Retail Stores & Dispensaries

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