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.
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 a premier cannabis retail experience with potential to scale to multiple units.
Why Invest
Exclusive license-constrained market with significant scarcity value.
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
