Rocky Mountain Chocolate Factory, Inc. (RMCF) Sells Durango Property for $6.6M, Leases Back

Rocky Mountain Chocolate Factory, Inc. signed a $6.6M related-party sale-leaseback of its Durango, CO property and expects to repay its $6.6M 12% promissory note. The 10-year lease starts at $624K in year one, rising 2% annually.Material DetailsContext by AI AnalystThis is a balance-sheet move to r…