New York Provisionally Approved Retail License for Sale

Details

Listing #5038

Asking Price: $650,000

Investment Highlights

• License Status: Provisionally approved as of July 2024 (NOT a social equity 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