New York Provisionally Approved Retail License for Sale

New York City, NY 11004, USA
$650,000

Details

Listing #5038

Asking Price: $650,000

Investment Highlights

  • License Status: Provisionally approved as of July 2024 (Not a CAURD license)
  • Investment Options: Available for a 100% equity sale. However, Seller prefers a scenario that involves partnering with someone who will assist with funding.
  • Licensee’s Experience and Assets Included in JV:
    • Management of a successful cannabis delivery service
    • IP/Branding
    • CRM database with 6,000 customers
    • Fully operational website
    • Experienced, trained staff
  • Property: Licensee has located a viable property but has not secured it:
    • Prime location in a luxury high-rise area within an affluent neighborhood
    • 2,500 SF ground unit with an additional 1,500 SF rooftop space
    • Monthly lease rate: $11,000
  • Asking Price for 100% Equity: $650,000 

Meilad Rafiei – License# 01788589 – WeCann

  • ID: 11751
  • Published: September 16, 2024
  • Last Update: October 11, 2024
  • Views: 453

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