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

  • $3,500,000
For Sale Med New Popular Rec Turn Key
Fully Operational Cannabis Medical & Adult Use Dispensary Business For Sale (Somerset, New Jersey) #1453
  • $3,500,000

Business Description

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.

Business Details

  • Price: $3,500,000
  • Business Type: Dispensary Retail w/ Delivery, Seller Financing Available
  • Business Status: For Sale
  • Location: New Jersey
  • Capital Invested: $1,300,000.00
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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Yesenia Jimenez, ASM
  • Yesenia Jimenez, ASM