Class 5 Retail Cannabis License for Sale – Elizabeth, NJ
Location: Downtown Elizabeth, New Jersey
License Type: Class 5 Retail Cannabis License
License Status: Conditional Use Permit Granted, Local/Municipal License Granted
Opportunity Overview
Zoe Exotics Cannabis Club is offering a unique opportunity to acquire its Class 5 Retail Cannabis License, issued by the State of New Jersey, with an approved downtown Elizabeth location. This license comes with a resolution from the city, ensuring a compliant and strategic entry into New Jersey’s rapidly expanding cannabis market.
Whether you’re an established operator or an entrepreneur eager to enter the industry, this turn-key opportunity provides the foundation to launch a successful dispensary in one of New Jersey’s thriving urban centers.
Key Features
- License Type: Class 5 Retail Cannabis License for Adult-Use
- License Status: Conditional Use Permit and Local/Municipal License Granted
- Building Size: 3,300 sq. ft., with downtown visibility and high foot traffic
- Market: Located in Elizabeth, a city primed for cannabis retail growth in New Jersey
- Property Details: Lease rate of $9,000/month
- Social Equity Status: Not applicable
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Terms and Requirements
- Asking Price: $1,700,000
- Equipment Included: No
- Operational Status: Secured resolution from city but not operational.
- Seller Financing: Available
Why This License Is for Sale
The seller has decided to focus on pursuing opportunities in New York, where another license is already being secured. This shift creates a rare chance for a buyer to establish a retail dispensary in a prime location within Elizabeth, NJ.
Strategic Advantages
- Prime Location: Situated in Elizabeth’s downtown area, ensuring high visibility and accessibility.
- Regulatory Approvals: Includes all necessary state and municipal approvals to proceed with operations.
- Growth Potential: The New Jersey cannabis market continues to expand, offering long-term profitability for well-positioned dispensaries.
Take the Next Step in New Jersey’s Cannabis Market
Don’t miss this opportunity to enter the New Jersey cannabis industry with a fully compliant Class 5 retail license and a strategic downtown Elizabeth location.
Contact Quantum 9’s cannabis M&A advisors today to learn more about this listing and start your journey in New Jersey’s thriving cannabis market.
Take advantage of this exceptional opportunity before it’s gone. Reach out to Quantum 9 now!
Contact Form
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