Fully Operational Annual Class 5 Retail Business For Sale (Atlantic City, New Jersey) #1728

Unlock a prime opportunity in Atlantic City’s burgeoning cannabis market with this turnkey and operational Annual Class 5 Dispensary Retail Storefront Business for sale. This established dispensary boasts a significant retail footprint of 2,352 sq ft, complemented by an additional 330 sq ft of storage space. With a long-term lease in place until October 31, 2032, at a monthly rent of $10,000, you can secure your presence in this high-potential location. The business is fully staffed with 9 employees and comes equipped with valuable included assets, including approximately $70,000 in inventory and a $21,000 security system.

With $2 million already invested into this build-out, it  provides a significant advantage, eliminating the costly and time-consuming process of establishing a new dispensary. This is an ideal acquisition for an operator looking to capitalize on a fully licensed and operational retail storefront in a key New Jersey market, poised for growth and increased profitability with strategic management.

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.

Revenues:

• 2024 Gross & EBITDA: Gross Income $133, 687, EBITDA  ($511k)
• 2025 Gross & EBITDA to 2/25/25: Gross Income $88,400, EBITDA ($90,765)

Details:

• Space: 2,352 Sq Ft of Retail Space + 330 Sq Ft of Storage Space
• Rent: $10K/Month
• Lease Term: 10 YR (Ends 10/31/2032)
• Number of Employees: 9
• Assets Included: Inventory- $70K & Security- $21K
• Capital Invested: $2M
• Social Equity Operator
• Fully Operational
• Annual License

License:

• 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: $100K

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

Eric Espinoza, DRE CA LIC# 02077927

If you have any questions call Eric (858) 245-6324

Email: broker@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.

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.