Property Description

License Sale Details:

Status: Closed
M&A: Yes
Deal Type: License Sale
License: Retail Storefront
Building sqft: 1,200
Total Sales Value: $800,000
Approximate Closing Date: 05/1/2021
Represented: Seller
Listing Agent: Meilad Rafiei

Listing Details:

WeCann is excited to present this new Retail Storefront License opportunity. The license and property are both for sale, but the property can also be leased instead. They are located in a municipality which only approved a very limited amount of retail storefront licenses in one of the largest counties in California. Surrounding municipalities do not allow cannabis business operations, hower this license allows the operator to deliver to the surroundig municipalities. For more information, an NDA will need to be executed.

• Initial approval has been received – Land use applications have been submitted
• Ample parking space
• License Sale Price: $1,000,000 – All Cash
• Property Sale Price $650,000
• Seller is motivated and willing to negotiate for cash and quick close

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