Fully Annually Approved Class 5 Cannabis Dispensary License
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Atlantic County
Good Lease in Place, Build ot and OPEN Perfect for MSO.
Annual retail license in Atlantic County NJ, the Pinelands area. Active lease with landlord, who is also willing to sell the property. Property is also zoned for a cultivation or manufacturing license with a freestanding separate building behind the retail building. License rules for CRC: transfer shares in 49% and then 51% after two years of operations as per regulations with buyer taking full operational and financial control of the license as fast as possible.
Deal Structure:
Purchase Shares: The buyer agrees to purchase 49% of the retail cannabis license's shares upfront, with currnet license holder retaining 51% ownership in name only for a duration of 2 years (as per regulationary restrictions in NJ)
Good Lease in Place, Build ot and OPEN Perfect for MSO.
Annual retail license in Atlantic County NJ, the Pinelands area. Active lease with landlord, who is also willing to sell the property. Property is also zoned for a cultivation or manufacturing license with a freestanding separate building behind the retail building. License rules for CRC: transfer shares in 49% and then 51% after two years of operations as per regulations with buyer taking full operational and financial control of the license as fast as possible.
Deal Structure:
Purchase Shares: The buyer agrees to purchase 49% of the retail cannabis license's shares upfront, with currnet license holder retaining 51% ownership in name only for a duration of 2 years (as per regulationary restrictions in NJ)
Listing Info
- ID
- 2348102
- Listing Views
- 541
Listing ID: 2348102 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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