Township Approved Class 5 Retail Storefront & Delivery Cannabis Business For Sale (Pleasantville, New Jersey) #1682

Located in a high-traffic strip mall in Pleasantville, New Jersey, this 4,500 sq. ft. Class 5 retail storefront, manufacturing, and delivery business offers a unique opportunity in a limited license market. The seller recently moved the business from an industrial area to a prime retail location, ensuring maximum visibility and accessibility. The property is also zoned for manufacturing, providing additional versatility for business operations. The seller is open to seller financing, making this an attractive option for buyers looking to invest. Additionally, the seller has just finalized a lease, with terms. Don’t miss out on the chance to own a thriving business in a prime, high-population area!

The New Jersey adult-use market is projected to grow to $2 Billion by 2026! The sale is for the license only but the license can be moved as necessary. A Class 5 Cannabis License refers to a Cannabis Retailer License. This type of license allows businesses to purchase cannabis and cannabis products from licensed cultivators, manufacturers, and wholesalers and then sell those products to consumers.This is a great opportunity for someone who is looking to target a major cannabis market in New Jersey, a Multi-State Operator looking to expand their footprint in the industry, or someone who is looking to enter the industry.

Details:

Space: 4,500 Sq Ft
Lease: $6,500 Per Month 
Term: 5 YR w Option 
Located in a Strip Mall
Highly Populated Location
Prime Location
Limited License Market 
Seller Moved the Location from an Industrial Area to a Retail Area 

Also Zoned for Manufacturing 
Open to Seller Financing 
Seller Recently Finalized Lease at this new better location
Township resolution in place
Licenses:

Class 5 Cannabis Retailer: Purchase recreational use cannabis from licensed cultivators, manufacturers, or wholesalers and sell those items to consumers in a retail store.
Class 2 Cannabis Processor license: The Senate Bill 21, New Jersey Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act, provides that this license is required for facilities involved in manufacturing, preparing, and packaging cannabis products
Delivery License: Permitted to accept direct orders from customers that will be fulfilled by a cannabis retailer. The licensee may also pick up the product from the certified cannabis handler working with a retailer for delivery to a consumer.
 

Asking Price: $1.29M (Seller Open To Offers & Seller Financing)

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.

Green Life Business Group, Inc DRE CA LIC# 02061374

Elliot Cardenas, DRE CA LIC# 02138336

If you have any questions call Elliot (619)-770-2699

Email: elliot@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.

National Affiliate Listings

All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by a Local Broker via the Green Life Business Group National Affiliate Program.