Newly Established Tobacco Shop Equity Stake For Sale 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 | 3:02 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...
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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.
Recent Activity
-
Earlier than 15 daysFounder, Financial Services, Parker, Corporate Investor / Buyer connected with the Business
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