Property Description

License Sale Details:

Status: Closed
M&A: Yes
Deal Type: License Sale
License: Delivery Social Equity
Building sqft: 1,200
Total Sales Value: $144,000
Approximate Closing Date: 06/30/2022
Represented: Buyer/Seller
Listing Agent: Meilad Rafiei

Listing Details:

Buyer will be purchasing a 49% interest in the entity that owns the lease to the property, where the seller has completed brand-new tenant improvements for a licensed delivery business. List of improvements can be provided. Buyer would be assuming the existing lease and relationship with the social equity partner.

• Sales Price: $125,000
• Tenant improvements for licensed delivery are complete
• Can be operational in 60 days
• Social equity applicant is easy to work with and looks forward to working with buyer
• Lease Rate: $3,500 / mo

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