New Jersey Cannabis Dispensary Portfolio for Sale in Bergen, Somerset & Essex Counties

Acquire a trusted, top-rated New Jersey cannabis brand: three licensed stores across Bergen, Somerset and Essex Counties, run as one brand with one loyalty program. This opportunity combines 2 operating adult-use dispensaries with a fully built and equipped third location positioned for launch, giving a buyer an existing operating foundation and room to grow. The Somerset County dispensary brings an established customer base, $4.06M of net sales in its first full year, a 4.9-star average rating, a 14,000+ member loyalty program and a broad product selection. The newly built Bergen County dispensary adds early customer traction, with weekly sales up 31% in its first full month, established operating systems and a 10-year lease. Both operating stores feature on-site parking, curbside pickup, and delivery capabilities.

The Essex County location offers a completed retail buildout with fixtures, displays, operating equipment, and security infrastructure already installed. The location is approved to open as a satellite under the Somerset County license, with municipal approval in place. This pre-revenue location provides an opportunity to open a third store with the development work already completed.

For an existing operator, the portfolio offers an opportunity to expand across three New Jersey counties. For a new market entrant, it provides 2 operating businesses and a 3rd retail asset without starting each location from scratch. The sellers will support the licensing process and ownership transition.

Investment Highlights:

Scarce licenses: Only about 28% of New Jersey municipalities allow cannabis retail

Room to grow: The two licenses support up to six locations, leaving room for three more satellite stores, subject to municipal and CRC approval

Turnkey team: A Director of Retail Operations and store managers with about two years of average tenure run the stores day to day; the owners handle only banking and taxes

Loyal customers: 14,000+ loyalty members generate about 94% of customer revenue

Costs already reset: Product cost cut from about 51% to under 45% of gross sales in 2026, with no new capital

Market tailwind: Since April 2026, hemp THC products above 0.4 mg per container can be sold only through licensed dispensaries

Brand Reach and Loyalty:

One brand across all three stores, with a shared website, loyalty program and delivery network

Nearly 1,500 customer reviews averaging 4.9 stars on Google, Leafly and Weedmaps

14,000+ loyalty members, adding about 90 new members a week; members spend about 4.6 times as much as non-members

Same-day delivery across much of North and Central New Jersey

A local-search website with 140+ pages that wins customers in a market where cannabis retailers cannot buy Google or Meta ads

A community-first identity: local growers, community events and judgment-free education

Available as a complete 3 store portfolio or through 2 separate offerings: the Bergen County dispensary individually, and the Somerset and Essex County assets together. Offers for the full portfolio are preferred.

Transactions are offered on a cash-free, debt-free basis with a normal level of working capital.

Asset 1 — Operating Bergen County Dispensary

Space: Approximately 3,400 SqFt

Rent: $17,000/Month

Lease: 10 Years

One of a limited number of adult-use licenses in its municipality

Newly built adult-use dispensary; weekly sales up 31% in its first full month

On-site parking and dedicated curbside pickup

Same-day delivery capabilities

Steps from a highway corridor carrying about 104,000 vehicles a day

4.9-star rating since opening

License supports up to two more satellite locations, subject to approvals

Store fixtures, displays, POS hardware, and saleable inventory at closing

Written operating procedures and seller transition support

Asset 2 — Operating Somerset County Dispensary

Space: Approximately 5,500 SqFt

Rent: Approximately $6,800/Month + CAM & Taxes

Lease: Term to February 2028, with Renewal Options

Net Sales: $4.06M in First Full Year (2024)

Established adult-use cannabis retail operation

Existing customer base; loyalty members generate about 94% of customer revenue

4.9-star average rating across major review platforms

Broad product selection from about 70 cannabis brands

Grocery-anchored shopping center drawing 30,000+ shoppers a week

Captures about 1.8 times its fair share of local cannabis sales

On-site parking and dedicated curbside pickup

Online ordering and delivery capabilities

Asset 3 — Built-Out Essex County Retail Location

Space: Approximately 5,000 SqFt

Rent: $15,000/Month

Lease: 5 Years + 5-Year Renewal Option

Estimated buildout replacement cost: Approximately $1 Million, per ownership

Pre-revenue retail location with completed buildout

Fixtures, displays, and operating equipment in place

Installed security cameras, access controls, and network systems

Approved to open under the Somerset County license; municipal approval in place

Downtown location in New Jersey’s largest city (about 324,000 residents), a short walk from a major transit hub

Inside the existing delivery area, so the brand and loyalty base already reach local customers

Transaction Structure:

The Somerset and Essex County assets are held under one company, with 100% of that company offered for acquisition. The Bergen County opportunity involves an initial minority ownership acquisition, with the remaining equity paid for at closing through an option and transferred when permitted. Each transaction is subject to applicable regulatory review and approval. Full ownership and management terms will be provided after signing an NDA.

License:

Authorizes the purchase of cannabis products from licensed New Jersey suppliers for retail sale to adults age 21 and older. Product categories may include flower, pre-rolls, vapes, edibles, and concentrates. Retailers may offer home delivery with CRC approval or work with a licensed delivery service. Cultivation and manufacturing are not authorized under this license.

Asking Price: Call for Offers Due Nov 20th

Must sign an NDA/Waiver before any other detailed information is released, along with the company’s location. This listing is offered exclusively through Green Life Business Group®, Inc.

Green Life Business Group®, Inc DRE CA LIC #02061374

Eric Espinoza, DRE LIC CA #02077927

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

Email: broker@glbgroupinc.com

Green Life Business Group®, Inc. helps owners sell, and buyers acquire, cannabis businesses.

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.