NJ’s Premier Cannabis Retail + Lounge Opportunity

Red Bank, NJ (Monmouth County)
Asking Price: On Request
Business For Sale Details
Listed on Jul 7, 2025

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.

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Financials (USD)

Asking Price Not Disclosed

Cash Flow Not Disclosed

Sales $212,000

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? No

Management will stay? Yes

Relocatable? Available On Request

Real Estate? No

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