NJ's Premier Cannabis Retail + Lounge Opportunity - Business for Sale
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Cannabis Dispensary and Lounge License in Red Bank, NJ
Red Bank, NJ, US
Added 12 months ago
Cannabis Retail and Lounge
A women-owned cannabis dispensary with no local competition operates in Red Bank, NJ, and holds pre-qualification for the area's first consumption lounge license.
Key Information
Asking
–
Revenue
$212K
Earnings
–
Multiple
–
Key Highlights
- Women-owned cannabis dispensary located in Red Bank, NJ
- Only cannabis-legal municipality in an affluent New Jersey shore community with zero local competition
- 64.5% gross margins reported
- Pre-qualified for the area's first consumption lounge license
- Planned 5,000 sq ft lounge buildout with a projected cost of $3,000,000
- Average customer spend is $200
- Business is located in a high-foot-traffic downtown corridor surrounded by restaurants and entertainment venues
Contact Info
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