Maison Solutions entered into an Asset Purchase Agreement to sell assets of its San Gabriel and Monrovia stores to Enson Market affiliates for $4.5 million. The price allocates $2.24 million per store for assets and $10,000 per store for beer and wine licenses, with inventory sold separately based on an independent count. Payment is due by Dec 31, 2026 in a lump sum if financing closes, or via secured notes at 10% interest in 2027, with guarantees and security interests. Closing is targeted on or before Dec 31, 2026, subject to lease assignments and regulatory approval for license transfers; the company retains the Good Fortune trade name.
Agreement details:
- Agreement type: Asset purchase of two store assets and beer and wine licenses
- Counterparty: Enson Market 33 San Gabriel CA and Enson Market 34 Monrovia CA
- Signed / Effective: Jul 01 2026 / same
- Reason: Divest San Gabriel and Monrovia store operations
Original SEC Filing:
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