Approved Cannabis Retail Storefront License in Jersey City, NJ

Details

Listing #5010

Asking Price: $495,000

Take this opportunity to purchase a conditionally approved retail storefront license in Jersey City, NJ. Seller is currently in the building phase, and is looking for a buyer to step in and take over the reigns and get the business operational. Property is secured for a reasonable lease rate, located on a busy street, near the intersection of Route 1, 9 and 40. Don’t let this chance pass you by to purchase your licensed cannabis retail business.

Highlights

• State License: Conditionally approved state license – Annual approval underway
• Local License: Resolution is approved
• Tenant Improvement: Seller is finalizing construction plans
• Bldg Size: 3,900 SF approximately
• Lease Rate: $5,000 monthly
  • $20,000 upon receiving COO
• License Sales Price: $495,000

NDA will need to be executed for additional information.

Meilad Rafiei – License# 01788589 – WeCann