Annual Cannabis Class 5 Retail License For Sale W/ Option To Purchase Real Estate (Somerset, New Jersey) #1382

$1,700,000.00

Great opportunity to acquire a Dispensary business in the thriving state of New Jersey! With the New Jersey adult-use market projected to reach a staggering $2 Billion by 2026, the potential for growth and profitability is unprecedented. What sets this business apart is its current non-operational status, which actually presents an added benefit for the new owner. This is an excellent opportunity for entrepreneurs looking to enter the cannabis recreational retail market in Franklin Township. The property features a building with potential for customization and a spacious second lot that offers the option to build according to your business requirements. Take advantage of the potential for expansion and create a unique cannabis retail space in a growing market. Seize this amazing chance to enter the booming New Jersey adult-use market and realize your entrepreneurial dreams. With a blank canvas awaiting your creative touch and all local approvals in place, this business offers a remarkable springboard for new or existing operators!

Details:
Lot #1: Includes a 2,200 sq/ft building requiring full renovation
Lot #2: Spacious empty lot with the option to build on it
Township approval was granted and submitted with the state of NJ Cannabis licensing for change from conditional to yearly license.
Option to Purchase Real Estate Valued at $1,700,000.00
Licenses:
Dispensary Retail Storefront- Facility where cannabis, cannabis products, or devices for the use of cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.

Asking Price: $1.75M (Seller Open to Offers)
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.

Sold By: GLBG Inc
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