Listing ID: 67838

Business Overview

Premium Location & Market Scarcity

Historic District Presence: Prime location in downtown business district with strong walkability and steady local traffic.

Scarcity of Licenses: New Jersey cannabis licenses remain tightly controlled, creating high barriers to entry and premium market positioning.

Convenient Access: Free public parking, and curbside pickup is being implemented to drive higher order volume and customer retention.

Financial Performance

2024 Launch: Opened January 2024.

Revenue: ~$1.2M annualized (after discounts).

Profitability: Net margins of 20%+, reflecting strong unit economics.

Revenue Drivers: Retail-only model with high return-customer numbers and robust community loyalty. Delivery service launching Q4 2025.

Real Estate Opportunity

Upside: Secures long-term control of a scarce historic district location. Real estate ownership protects margins, ensures stability, and enhances resale or expansion value.

Optionality: Investors may benefit from rental income streams if property is held separately.

Operations & Team

Staffing: 10 employees (primarily part-time), lean and flexible workforce.

Ownership: Highly engaged owners ensure operational discipline and growth-focused management.

 Expansion & Upside

Delivery Launch: Near-term driver to expand customer base and average ticket size.

Curbside Pickup: Being implemented to ramp daily transaction volume and capture convenience-driven demand.

Wholesale Purchasing: Opportunity to purchase wholesale inventory directly, improving COGS and expanding margins.

Brand Growth: Positioned as Mount Holly’s premier cannabis retail experience with potential to scale to multiple units.

Why Invest

Exclusive license-constrained market with significant scarcity value.

Prime historic district location, available with real estate below replacement cost.

Strong 1.2M+ annualized revenue with 20%+ net profitability.

Expansion-ready: delivery, curbside pickup, and wholesale purchasing to accelerate growth.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $800,000
  • Cash Flow: $200,000
  • Gross Revenue: $1,200,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.