Licensed New York City Dispensary in Morningside Heights, Manhattan

Asking Price: $2,000,000

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Licensed New York City Dispensary in Morningside Heights, Manhattan


Asking Price: $2,000,000


Seller Financing Available
Asset Sale Description
This Licensed Dispensary is located in Morningside Heights, a half block away from Central Park and across from Morningside Park. The location features heavy retail foot traffic and is minutes away from subway and bus routes. Under a mile from Columbia University and Barnard and about two miles from City College and three major hospitals. Morningside Heights is an academically-focused neighborhood in Upper Manhattan, centered around Columbia University and bounded by 110th to 125th Street, Riverside Park, and Morningside Park. Known as a "college town" atmosphere, it features Pre-war architecture landmark institutions like St. John the Divine, and a mix of grassy, quiet streets and diverse, local dining options. The 450 sq. ft. dispensary needs cosmetic and branding touches, and cameras, alarms and a safe, but many other fixtures are already in place. This work would be completed by Buyer, at a modest cost. Ten year lease at $3,000 per month, with 3% annual increases. The price is for 100% of the business and the CAURD license. Karen Muller, New York Broker #10351215829, is the broker for Seller. NDA and POF required. Seller also has other excellent locations in South Richmond Hill and Woodside Queens available for purchase.
Detailed Information
Years in Operation
1
Facilities & Assets
The 450 sq. ft. dispensary needs cosmetic and branding touches, but most fixtures are already in place. This work would be completed by Buyer, at a modest cost. Ten year lease at $3,000 per month, with 3% annual increases.
About the Sale
Transition Support
Seller can assist Buyer with a transition of this Location.
Financing
Seller is amenable to seller financing for a portion of the purchase price.
Listing Info
ID
2362328
Listing Views
575

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Business Listed by: Karen Muller Cannabis Business Brokers, Inc

Listing ID: 2362328 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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