$133K EBITDA Premier Cannabis Retail + Lounge in New Jersey

intermediary profile

July 07, 2025

by an intermediary from University of Texas in Houston, TX, USA

(PLEASE DO NOT REQUEST AN NDA ON THIS PLATFORM, WE RARELY CHECK IT. EMAIL IF INTERESTED.) This thriving women-owned dispensary occupies the only cannabis-legal municipality in an affluent New Jersey shore community, enjoying zero local competition. The business has demonstrated strong early traction with $211K revenue in just 8 months (64.5% gross margins) and a clear path to $4M+ annual revenue at maturity. The turnkey operation includes pre-qualification for the area's first consumption lounge license - a rare competitive moat in this growing market. Strategic expansion plans include: a 5,000 sq ft lounge buildout ($3M projected cost), delivery services rollout, and acquisition of underperforming stores to scale the proven brand. Located in a high-foot-traffic downtown corridor surrounded by restaurants and entertainment venues, the business serves premium demographics with average customer spends of $200. This is a unique opportunity to acquire a scalable cannabis operation with first-mover advantages in one of New Jersey's wealthiest markets. The business offers multiple near-term revenue streams including lounge memberships, events, and expanded retail. Ownership will provide training and transition support. Email David Chua: redacted for more info.
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from Massachusetts Institute of Technology in Portland, OR, USA
^redacted might be able to help ^redacted‌ find the right place for this deal. If you know someone who can help, please tag them here (Shift 6).
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