New York City Dispensary in Queens with Very High Foot Traffic

South Richmond Hill, NY

Seller Financing Available

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

Bustling and Desirable Location One Block from A Train

This Licensed Dispensary is located in South Richmond Hill, Queens, at the busiest intersection of this diverse and vibrant neighborhood. There is very heavy retail foot traffic in this bustling location, with the last stop for A Train Subway stop a block away and a bus stop in front of the business. Public transportation is plentiful for residents and commuters, along with close proximity to JFK airport. The build out of the dispensary is underway, with plans to open the dispensary in January 2025. The price is for 100% of the business and the license, including a social equity component. Seller has other dispensaries available in Manhattan and Queens. NDA and POF Required


DETAILED INFORMATION
Location
South Richmond Hill, NY
Facilities
1,900 sq. ft. ground floor and 800 sq. ft. basement are leased at $11,000 per month NNN for five years, with 3% annual escalations. Three (3) five year options to renew.
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