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)
