Retail License For Sale With Prime Location in Atlantic City, NJ

Overview

• Location: Pacific Ave, Atlantic City, NJ
• Asking Price of Retail Cannabis License: $1.5M USD (Negotiable)
• Property: $1.5M USD (Separate Fee)
• Total Package: $3.0M USD
• License Features: Recreational Cannabis Retail License which allows for a lounge and delivery. Option to relocate the license anywhere in New Jersey

Key Highlights

1. Prime Location in Atlantic City’s Green District

Positioned at Pacific Ave, this property is surrounded by established businesses and major tourist attractions. Relocation flexibility is also available for buyers who prefer other areas of New Jersey.

2. Cannabis Tourism on the Rise

Atlantic City is rapidly evolving into a premier cannabis tourism destination, complementing its world-renowned casinos. With over 27 million annual visitors, the area presents unparalleled foot traffic and customer reach.

3. Turnkey Conversion Opportunity

The property, previously a restaurant, offers minimal conversion requirements for a cannabis retail operation. This reduces startup costs and accelerates your time-to-market.

4. Local Government Support

Atlantic City’s administration actively promotes cannabis as a key component of its tourism and economic development strategy, fostering a business-friendly environment for operators.

Flexible Options for Buyers

1. Purchase the license only and relocate it anywhere in New Jersey.
2. Purchase the license and lease/ rent the building.
3. Secure the full package, including the prime real estate, for a turnkey solution.

For detailed information and to discuss this opportunity further, please reach out.

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?? 941-210-2191