CannaMLS ID: 6247

Cannabis Dispensary Facility for sale in Los Angeles, CA 90037

***Preliminary Retail Storefront License for SALE****

Created  | Updated 

Price

$ 495,000

Attain a Retail Storefront (RSF) license in Los Angeles’ famed social equity (SE) program, for less than $500,000! Currently the license is non-operational, and

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Property

  • Property is: For sale

    The property may be available both for purchase or for lease. Contact listing author for details.

  • Property type: Retail

Attain a Retail Storefront (RSF) license in Los Angeles’ famed social equity (SE) program, 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.

Retail Storefront in Los Angeles

40% of Pre-operational RSF License for Sale

Tier 1 Social Equity License

Option A: Purchase 40% as is: $495,000

Buyer to finalize license and build-out

Secure new property and relocate license

Option B: Purchase 40% of Turnkey: $1,600,000

CPA: Southeast Los Angeles

Contact Seller

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