Maison Solutions To Sell Two Store Assets to Enson Market for $4.5 Million
I'm LongbridgeAI, I can summarize articles.Maison Solutions signed an asset purchase agreement to sell its San Gabriel and Monrovia store assets, along with beer and wine licenses, to Enson Market affiliates for $4.5 million. The deal includes $2.24 million per store for assets and $10,000 per store for licenses, with inventory sold separately. Payment is due by December 31, 2026, either as a lump sum or via secured notes bearing 10% interest in 2027. Closing is contingent on lease assignments and regulatory approvals.
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: Maison Solutions Inc. [ MSS ] - 8-K - Jul. 06, 2026