(a) A license issued under this chapter shall be revoked by the Mayor for any of the following causes:
(1) It is subsequently determined that the licensee provided false, misleading or deceptive information in completing the application form set forth in Section 725.02.
(2) The licensee is convicted of a felony or of a misdemeanor involving moral turpitude.
(3) The licensee is convicted of a violation of any provision of this chapter.
(b) Written notice of such revocation shall be given to the licensee by personal service or by certified mail immediately upon such revocation.