Newly Established Tobacco Shop Investment Opportunity in Jersey City, USA
Startup with fully licensed dispensary/consumption lounge in Jersey City, located near a 4.9 million-traffic source.
Premium Plan
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Tobacco Shops |
| Locations | Jersey City |
| Local Time | 6:48 PM America / Denver |
| Listed By | Advisor / Business Broker |
| Status | Active |
Partial Stake Sale
USD
950 thousand
for
40.0%
stake
(Native Currency: USD 950,000)
Reason: This business is a startup and is yet to start other than securing the site and obtaining needed lic...
View More
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Pro Forma
(11.2 MB)
Business Plan
(8.8 MB)
One Mile Radius
(271.7 KB)
Path Ridership Grove
(256.3 KB)
Aerial View
(981.3 KB)
Cannabis License
(284.8 KB)
Annual Report
(94.8 KB)
Business Overview
- Located in Jersey City, this startup will feature a fully licensed dispensary and consumption lounge, ideal for meeting the needs of local cannabis consumers.
- Strategically positioned near a PATH station with an impressive annual foot traffic of 4.9 million passengers, maximizing visibility and potential customer engagement.
- Anticipated revenue projections indicate growth, projecting $12 million in the first year and $18 million in the second year.
- Expected to achieve an EBITDA of $6 million, showcasing strong profitability potential.
- Appeals to a diverse customer base of cannabis enthusiasts in Jersey City, capitalizing on current market trends in the expanding cannabis industry.
- Strategically positioned near a PATH station with an impressive annual foot traffic of 4.9 million passengers, maximizing visibility and potential customer engagement.
- Anticipated revenue projections indicate growth, projecting $12 million in the first year and $18 million in the second year.
- Expected to achieve an EBITDA of $6 million, showcasing strong profitability potential.
- Appeals to a diverse customer base of cannabis enthusiasts in Jersey City, capitalizing on current market trends in the expanding cannabis industry.
Products & Services Overview
Will sell cannabis flower, edibles, vape and related items.Consumers will be over 21 year age individuals.
Assets Overview
Intangible asset: Currently owns a cannabis license and lease with a value of $650,000 based on a recent proposal.
Facilities Overview
The property is being leased, will have two floors, one for the dispensary and the other for the consumption lounge.
Capitalization Overview
Owner has funded the business to date along with a grant of $150k from the state. No current outstanding debts. One shareholder with 100% ownership.
Tags:
Newly Established Cigarette Shop Investment Opportunity in Jersey City, USA
·Newly Established Tobacco Store Investment Opportunity in Jersey City, USA
·Newly Established Tobacco Shop Investment Opportunity in Jersey City, USA
·Newly Established Tobacconist Investment Opportunity in Jersey City, USA
·Newly Established Smoke Shop Investment Opportunity in Jersey City, USA
·Newly Established Vape shop Investment Opportunity in Jersey City, USA
·Invest in Newly Established Cigarette Shop in Jersey City, USA
·Invest in Newly Established Tobacco Store in Jersey City, USA
·Invest in Newly Established Tobacco Shop in Jersey City, USA
·Invest in Newly Established Tobacconist in Jersey City, USA
·Invest in Newly Established Smoke Shop in Jersey City, USA
·Invest in Newly Established Vape shop in Jersey City, USA
·Newly Established Cigarette Shop Investment Opportunity
·Newly Established Tobacco Store Investment Opportunity
·Newly Established Tobacco Shop Investment Opportunity
·Newly Established Tobacconist Investment Opportunity
·Newly Established Smoke Shop Investment Opportunity
·Newly Established Vape shop Investment Opportunity
·Investment Opportunity in Jersey City, USA
·Invest in Newly Established Cigarette Shop
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
25 Investors viewed this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,000+ other businesses of all sizes.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses