$3,000,000.00
Asking Price
Status: Active
Posting ID: 281467
2/16/25
Description
Manhattan Biz is presenting an established cannabis laboratory with a California Cannabis Laboratory License, all necessary certifications, and a few active clients. The laboratory is fully equipped and staffed. They are running currently about 20 tests per day from 10+ active clients. Equipment is worth $1.7M (all paid off) and 3 LSMSs provide for up to 50 tests per day.
Owners want to do separate businesses and a perfect cannabis lab is available for new owners who want to operate right away - preferably with their own clients.
Business is monthly grossing $200,000, netting $30,000. As an extra financial perk for stock purchase buyers - $2.5M on the book depreciation is given.
The lease expires in 2025 with two 3-year options, space of about 5,000 sq. ft (2,700 sq. ft office, 2,300 extra space) for $8,400/month, free parking spaces included. The security deposit is $8,000. The landlord may offer the entire building (17,000 sq. ft) for sale for $3.5M.
The seller is open to carrying a larger note for the buyers who can give some collateral
To get more information about this Cannabis Laboratory - Established business for sale in Riverside County please phone Sasa Milosevic (Broker - BRE License #:01516168) at 310-922-0936 and 310-314-1144 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #281467 on BizBen.com. In addition to phoning Sasa Milosevic, make sure you email Sasa Milosevic above to get more info about this Cannabis Laboratory - Established, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01516168. Manhattan Biz.
Contact
Details
Asking Price: $3,000,000.00
Down: $1,500,000.00
Cash Flow: $360,000.00
Revenue: $2,000,000.00
Area: Riverside County
City: None Given
Attributes:
My Notes About This Listing
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