Food & Related products, Other Restaurants & Food, Health Food & Nutrition
Active
NJ’s Premier Cannabis Retail + Lounge Opportunity
Monmouth County, New Jersey, United States
Asking Price-
Revenue$212,000
EBITDA$133,000
Cash Flow-
Description
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.
This communication relates solely to a potential change-of-control M&A transaction involving an eligible privately held company. It is intended only for prospective acquirers who will acquire control and actively participate in management and is not an offer or solicitation of securities. If these criteria do not apply to you, this communication is not intended for you; please do not access or review the transaction materials.
Number of EmployeesFull-Time: 9
Year Established
2021
Reason Selling
Raise $3M for buildout (including real estate purchase and renovations) to create NJ’s only cannabis lounge. Minority stakes (e.g., 10% for board seat) with original owners retaining 51% ownership.
Market & Competition
Demographics: Serves affluent 20–70-year-olds (60% male, 40% female) in NJ shore towns.
Differentiators: Prime location, expandable brand, and exclusive consumption lounge rights.
Marketing: Social media, eCommerce, and targeted local campaigns.
Competitive Moats: Regulatory barriers and first-mover advantage in lounge licensing.
Growth Opportunities
Consumption Lounge: $3M buildout (including real estate purchase and renovations) to create NJ’s only cannabis lounge.
Delivery Services: Planned rollout within 2 years to capture suburban demand.
Acquisition Strategy: Target struggling dispensaries to expand footprint and revenue ($60M–$100M long-term goal).
Business listed by
Meridian