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Pre-operational Adult Use/Medical Delivery only License for Sale in La Habra, CA

La Habra Heights, CA 90631, USA
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Cannabis Real Estate Listings | Cannabis & Hemp Industry Investment Opportunities

Listing ID : 429302

Posted on July 19, 2022 View Count 41

Status :
Price :
$375,000
Cannabis or Hemp Use Allowed? :
Cannabis
  • 1 of only 4 approved delivery licenses
  • Retail storefront operations are currently banned in La Habra
  • Whenever the city decides to allow retail storefront licensing, the existing delivery operators should receive priority in applying for those licenses
  • Buyer would need to complete construction, local and state licensing
  • License is tied to a 3,100 SF property
    • Lease rate is $3 per SF
  • Seller is selling 90% of the entity that owns the license, and will stay on as a 10% partner.
  • Seller is an experienced licensed retail operator
  • Sales Price for 90%: $375,000
    • Plus a $40,000 Acquisition Fee to Seller

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