Profitable and Established Cannabis Testing Lab in Oregon

Oregon
Asking Price:$7,500,000
Established Year:2019
ASSET SALES DESCRIPTION

Over 1 million in cash flow and poised for immediate growth

Oregon-licensed, full-service testing lab in the growing Cannabis industry on the West Coast. Located in Oregon, Gross sales topped 1.5 million in 2021, relying on an established strong constant client base. This lab is one of several labs that were accredited and approved by OLCC since the beginning of the marijuana legalization in Oregon and has established a solid brand with a reputation for both the highest quality and superb value in testing and turnaround time.

It also has been carefully designed to run very efficiently with super-low overhead.

With the addition of more mandatory tests, along with the legalization of mushrooms as a new product in the industry, expectations for cash flow (Seller’s Discretionary Earnings {SDE}) should easily surpass 1.5 million for a new owner with additional new clients and added gross sales.

This lab is completely turn-key and includes all assets and inventory on-hand at closing— fully operational for immediate transition. Among the approximate 5,000 square foot facility owned by the seller, the new owner may easily expand the lab. The owner will consider reasonable training requests with an offer to help assure a smooth transition.

Serious inquires only. Please contact Scottahite714@gmail.com for a NDA and more details.


DETAILED INFORMATION
Location
Oregon
Facilities
Lab is located in 1500 square feet with up to 5000 square feet available. Lease for new owner would lease would be approximately $2000.00 per month.
Support & Training
Owner will consider reasonable traning and transition requests to assure a smooth transition as part of the offer.
Reason for Selling
Owner is transitioning to new and other business interests.
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Scott Hite
Scott Hite