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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.
This Business is on a 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 5:04 AM America / Denver
Listed By Advisor / Business Broker
Status Active
Overall Rating
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
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One Mile Radius
Aerial View
Cannabis License
Annual Report
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.
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.
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1 Investor viewed this Business this week. Register below to connect now!
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.
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