Peekskill, NY, Peekskill, NY 10566

• Property & business overview:

• Fully operational CAURD-licensed dispensary, opened august 2024

• “mom & pop” style retailer – strong alignment with local culture and community values

• 1,000 sf retail space on the first floor

• An additional 1,000 sf second floor used as event space

• Rent & location benefits:

• Rent for dispensary space: $2,700/month

• Rent for upstairs event space: $2,000/month

• Total rent: $4,700/month

• Convenient parking: street parking plus a public garage directly across the street

• Downtown location: amidst retailers, restaurants, and banks, high visibility & foot traffic

• Events, upside & regulatory potential:

• Already hosting popular community events: poker nights, yoga, and more…

• Event space across the street has been used by seller for larger events and is available for future events

• Once New York finalizes cannabis lounge regulations, this location is ideally suited for on-site consumption and entertainment

Financial Projections

Metric 2025 Pro Forma Estimate

Gross Revenue ~$2,959,816

EBITDA ~$316,070

• Key investment highlights:

• Operational dispensary with immediate cash flow

• Rental income from event space offsets fixed costs

• Positioned for future consumption lounge regulations

• Pro forma financials demonstrate attractive returns

• Significant upside via expanded delivery & events

• Market & demographics:

• Within a 10-minute drive: ≈ 92,000 people, average household income ≈ $136,250

• One of 3 operational dispensaries in Peekskill.

• Located in a city that embraces small, local businesses — “mom & pops” resonate strongly

• Surrounded by complementary businesses (restaurants, retail, banks) driving foot traffic

• Westchester county market has limited dispensary competition under CAURD structure

• Deal terms:

• Asking price: $2,500,000

• Approx. 0.84× pro forma gross revenue multiple.

• Includes fixtures, CAURD license, and existing event leases/contracts

• Excludes working capital/inventory (negotiable)

• Why this is a great opportunity:

• Downtown location with excellent visibility and parking

• Strong demographics with high income households nearby

• Dual revenue streams: dispensary + event venue

• Positioned to capitalize on future regulatory shifts

• Community-driven business model with growth upside

• Steady increase in revenue, with additional upside in expanding delivery, and eventually a lounge