Prime Location Cannabis Dispensary With Real Estate For Sale
Business Description
HS Listing ID-67838
Premium Location & Market Scarcity
Historic District Presence: Prime location in downtown business district with strong walkability and steady local traffic.
Scarcity of Licenses: New Jersey cannabis licenses remain tightly controlled, creating high barriers to entry and premium market positioning.
Convenient Access: Free public parking, and curbside pickup is being implemented to drive higher order volume and customer retention.
Financial Performance
2024 Launch: Opened January 2024.
Revenue: ~$1.2M annualized (after discounts).
Profitability: Net margins of 20%+, reflecting strong unit economics.
Revenue Drivers: Retail-only model with high return-customer numbers and robust community loyalty. Delivery service launching Q4 2025.
Real Estate Opportunity
Purchase Price: ~$600K for the building, below replacement cost.
Upside: Secures long-term control of a scarce historic district location. Real estate ownership protects margins, ensures stability, and enhances resale or expansion value.
Optionality: Investors may benefit from rental income streams if property is held separately.
Operations & Team
Staffing: 10 employees (primarily part-time), lean and flexible workforce.
Ownership: Highly engaged owners ensure operational discipline and growth-focused management.
Expansion & Upside
Delivery Launch: Near-term driver to expand customer base and average ticket size.
Curbside Pickup: Being implemented to ramp daily transaction volume and capture convenience-driven demand.
Wholesale Purchasing: Opportunity to purchase wholesale inventory directly, improving COGS and expanding margins.
Brand Growth: Positioned as a premier cannabis retail experience with potential to scale to multiple units.
Why Invest
Exclusive license-constrained market with significant scarcity value.
Prime historic district location, available with real estate below replacement cost.
Strong 1.2M+ annualized revenue with 20%+ net profitability.
Expansion-ready: delivery, curbside pickup, and wholesale purchasing to accelerate growth.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Premium Location & Market Scarcity
Historic District Presence: Prime location in downtown business district with strong walkability and steady local traffic.
Scarcity of Licenses: New Jersey cannabis licenses remain tightly controlled, creating high barriers to entry and premium market positioning.
Convenient Access: Free public parking, and curbside pickup is being implemented to drive higher order volume and customer retention.
Financial Performance
2024 Launch: Opened January 2024.
Revenue: ~$1.2M annualized (after discounts).
Profitability: Net margins of 20%+, reflecting strong unit economics.
Revenue Drivers: Retail-only model with high return-customer numbers and robust community loyalty. Delivery service launching Q4 2025.
Real Estate Opportunity
Purchase Price: ~$600K for the building, below replacement cost.
Upside: Secures long-term control of a scarce historic district location. Real estate ownership protects margins, ensures stability, and enhances resale or expansion value.
Optionality: Investors may benefit from rental income streams if property is held separately.
Operations & Team
Staffing: 10 employees (primarily part-time), lean and flexible workforce.
Ownership: Highly engaged owners ensure operational discipline and growth-focused management.
Expansion & Upside
Delivery Launch: Near-term driver to expand customer base and average ticket size.
Curbside Pickup: Being implemented to ramp daily transaction volume and capture convenience-driven demand.
Wholesale Purchasing: Opportunity to purchase wholesale inventory directly, improving COGS and expanding margins.
Brand Growth: Positioned as a premier cannabis retail experience with potential to scale to multiple units.
Why Invest
Exclusive license-constrained market with significant scarcity value.
Prime historic district location, available with real estate below replacement cost.
Strong 1.2M+ annualized revenue with 20%+ net profitability.
Expansion-ready: delivery, curbside pickup, and wholesale purchasing to accelerate growth.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2422049
- Listing Views
Listing ID: 2422049 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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