Price Lowered 4/2/18 from $420,000 to $399,000
I am selling my 502-TIER 3 Producer, and Processor licenses. Both of these licenses are 100% verifiable. Grow location is currently established in Ephrata, Washington. Firm on outright-sale price of $399,000.00 for both licenses. Buyer must perform own "Due Diligence."
Initial down payment of $20,000, due at signing of unit purchase agreement, and placed into ESCROW. This amount is NON-REFUNDABLE, only if the buyer at anytime voids the agreement. Payment will be used to compensate seller (lawyer processing fees, loss of time for potential marketing of license sale, etc.) However, if all agreements are reached between buyer and seller, this money will be applied to the total purchase price of $399,000.00
Once I receive confirmation from the Washington State Liquor and Cannabis Board that the process of transferring entity of title has started, the remaining sum of $379,000 will be required from buyer, and placed into ESCROW within 14 days of notification from the Washington State Liquor and Cannabis Board.
After the title entity is transferred to buyers name, the license location can remain at current Ephrata location, for up to an additional three months free of charge, while Location Transfer is being processed by the Liquor Control Board. Additional months at Ephrata location can be negotiated with landlord, but are not guaranteed.
Date Listed For Sale:
Tier 3 Producer/Processor