Posted on December 29, 2021 / 61Listing ID: 320745APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $495,000.00
Status : ACTIVE
License Can Be Moved to Another Location : Yes
License Type : Recreational, Social Equity License

Attain a Retail Storefront (RSF) license in Los Angeles for less than $500,000! Currently, the license is non-operational, and the buyer would have to secure real estate, complete licensing and buildout. This is a unique situation where you can relocate the license to any eligible property within the Community Plan Area (CPA) of Southeast Los Angeles. The owner is selling 40% of the interest in the license for $495,000, as is (Option A). However, the owner is also able to provide a turnkey operation (Option B). For Option B, the seller would secure the real estate, complete entitlement/buildout, and value 40% of the license at $1,600,000. This is a great opportunity to secure a City of Los Angeles RSF license with a reasonable social equity partner and partners who bring additional value.

Property Highlights:

  • 40% of Pre-operational RSF License for Sale
  • Tier 1 Social Equity License
  • Buyer to finalize license and build-out
  • Buyer to secure property and relocate license
  • Option B: Purchase 40% of Turnkey: $1,600,000
  • (CPA) Community Plan Area South-East Los Angeles
  • District 9 (Los Angeles)
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Cannabis & Hemp Banking
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