0 New York Provisionally Approved Retail License Queens, NY 11004

This offering presents a unique opportunity to acquire a provisionally approved retail cannabis license in Queens, NY (11004), valid as of July 2024. The license is not a CAURD license. The asking price for 100% equity is $650,000, though the seller is open to joint ventures. This includes a valuable existing business with a proven track record. The established business boasts a fully operational website, a CRM database of 6,000 customers, experienced staff, and established IP/branding. The licensee has identified a suitable property, a 2,500 square foot ground floor unit with an additional 1,500 square feet of rooftop space in a luxury high-rise building within an affluent neighborhood. The monthly lease rate for this property is $11,000. The total square footage of the proposed retail space is 3,000 square feet. This is an exceptional opportunity for an investor seeking immediate entry into the thriving cannabis market. The seller's preference is for a partnership involving assistance with funding.