New York City Dispensary in Prime Union Square Location

New York, NY

Seller Financing Available

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Asking Price:$2,500,000
Established Year:2024
ASSET SALES DESCRIPTION

This Licensed Dispensary is located in a prime Union Square location, within a couple blocks of the Union Square subway station. Nearby neighborhoods include Chelsea and Greenwich Village. The build-out is almost complete with opening plans for December 2024. The price is for 100% of the business and the license, including a social equity component. Very few dispensary locations remain in Manhattan due to strict zoning provisions. Seller has other dispensaries available in Queens. Karen Muller, New York Broker #10351215829, is the broker for seller. NDA and POF required.


DETAILED INFORMATION
Location
New York, NY
Facilities
1,750 sq. ft. ground floor and 1,000 sq. ft lower level are leased at $16,000 NNN monthly. 10 year lease with 3% annual escalations.
Financing
Seller is amenable to financing a portion of the purchase with a credit worthy note.
Support & Training
Seller can assist in a transition of the business to Buyer.
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Karen
Muller
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Karen Muller