Active Fully Licensed Cannabis Lab, ISO, Best Equipment, Seller's Note

Riverside County, CA

Seller Financing Available

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Asking Price:$3,000,000
Gross Revenue:$2,000,000
FF&E:$1,700,000
Cash Flow:$720,000
Rent:$8,400
Established Year:2018
BUSINESS DESCRIPTION

Manhattan Biz is presenting an established cannabis laboratory with California Cannabis Laboratory License, all necessary certifications, and few active clients.

Laboratory is fully equipped and staffed. 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 wants to do separate businesses and perfect cannabis lab is available for new owners who want to operate right away - preferably with 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.

Lease expires in 2025 with two 3-years options, space about 5,000 SF (2,700 SF office, 2,300 extra space) for $8,400/month, free parking spaces include. Security deposit $8,000.
The landlord may offer entire building (17,000 SF) for sale for $3.5M.
Seller is open to carry a larger note for the buyers who can give some collateral.
Please contact laboratory broker Sasa Milosevic, 310-922-0936 for more data, or similar laboratories


DETAILED INFORMATION
Location
Riverside County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
25/03/2025
Employees
13
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
$1,000,000 for qualified buyers
Reason for Selling
Other interests
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Sasa
Milosevic
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Sasa Milosevic