CannaMLS ID: 18241
Created | Updated
Price
$ 1,290,000
Township Approved Class 5 Retail Storefront & Delivery Cannabis Business For Sale (Pleasantville, New Jersey) #1682
Property is: [unknown]
The property may be available both for purchase or for lease. Contact listing author for details.
Township Approved Class 5 Retail Storefront & Delivery Cannabis Business For Sale (Pleasantville, New Jersey) #1682
Located in a high-traffic strip mall in Pleasantville, New Jersey, this 4,500 sq. ft. Class 5 retail storefront, manufacturing, and delivery business offers a unique opportunity in a limited license market. The seller recently moved the business from an industrial area to a prime retail location, ensuring maximum visibility and accessibility. The property is also zoned for manufacturing, providing additional versatility for business operations. The seller is open to seller financing, making this an attractive option for buyers looking to invest. Additionally, the seller has just finalized a lease, with terms. Don’t miss out on the chance to own a thriving business in a prime, high-population area!
The New Jersey adult-use market is projected to grow to $2 Billion by 2026! The sale is for the license only but the license can be moved as necessary. A Class 5 Cannabis License refers to a Cannabis Retailer License. This type of license allows businesses to purchase cannabis and cannabis products from licensed cultivators, manufacturers, and wholesalers and then sell those products to consumers.This is a great opportunity for someone who is looking to target a major cannabis market in New Jersey, a Multi-State Operator looking to expand their footprint in the industry, or someone who is looking to enter the industry.
Details:
Space: 4,500 Sq Ft
Lease: $6,500 Per Month
Term: 5 YR w Option
Located in a Strip Mall
Highly Populated Location
Prime Location
Limited License Market
Seller Moved the Location from an Industrial Area to a Retail Area
Also Zoned for Manufacturing
Open to Seller Financing
Seller Recently Finalized Lease at this new better location
Township resolution in place
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.
Class 2 Cannabis Processor license: The Senate Bill 21, New Jersey Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act, provides that this license is required for facilities involved in manufacturing, preparing, and packaging cannabis products
Delivery License: Permitted to accept direct orders from customers that will be fulfilled by a cannabis retailer. The licensee may also pick up the product from the certified cannabis handler working with a retailer for delivery to a consumer.
Asking Price: $1.29M (Seller Open To Offers & Seller Financing)
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
Elliot Cardenas, DRE CA LIC# 02138336
If you have any questions call Elliot (619)-770-2699
Email: 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 a Local Broker via the Green Life Business Group National Affiliate Program.
Green Life Business Group, Inc.
Professional Licenses
Property is: [unknown]
The property may be available both for purchase or for lease. Contact listing author for details.
Green Life Business Group, Inc.
Professional Licenses