Approved Annual Class 5 Dispensary Retail License With Option To Purchase Real Estate (New Jersey) #1262

  • $5,900,000

Business Description

This opportunity will sell fast! This is your chance to acquire approvals for an annual Class 5 retailer storefront license along with the option to purchase the real estate. The location is in high demand as it offers a high amount of foot traffic. Situated on a high-traffic street with nearby residential apartment units, this prime location offers unparalleled visibility and accessibility. This is an incredible opportunity to purchase a Class 5 dispensary retail license with a potential option to purchase the accompanying real estate. While the business is currently non-operational, the new owner has the ability to customize the space during the build-out process, tailoring it to meet their unique vision and the evolving demands of the market. Don’t miss the chance to pioneer a distinctive cannabis retail experience in New Jersey, where the intersection of high visibility, residential proximity, and untapped potential awaits your entrepreneurial spirit. Seize this opportunity to shape the future of cannabis dispensary retail in a location poised for success.

 

Details: 

  • Space: Disclosed After Executed NDA
  • Rent: $12k/Month + Utilities 
  • Lease: 5 YR w/ Option to Extend & Potential Option to Purchase Real Estate
  • Real Estate Value: $4M

 

Licenses:

  • Class 5 Cannabis Retailer: Purchase recreational use cannabis from licensed cultivators, manufacturers, or wholesalers and sell those items to consumers in a retail store. 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: $5.9M (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. 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

Gordon Sattro, DRE CA LIC #02136011

If you have any questions Call Gordon 858-220-2185 

Email: gordon@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

Business Details

  • Price: $5,900,000
  • Business Type: Dispensary Retail w/ Delivery, Seller Financing Available
  • Business Status: For Sale
  • Location: New Jersey
Green Life Business Group, Inc DRE CA LIC# 02061374
Pictures shown are for illustrative purposes only and do not represent the actual business, unless otherwise noted.

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Gordon Sattro
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