APPLY FOR A REAL ESTATE LOAN

Listing ID : 429302
Posted on July 19, 2022 41
Listing Type :
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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