Robust Cannabis and Hemp Testing Lab in California

CA

Seller Financing Available
Robust Cannabis and Hemp Testing Lab in California
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Asking Price: $2,900,000

Cash Flow: N/A

Gross Revenue: $2,000,000

EBITDA: N/A

FF&E: $0

Inventory: N/A

Established: N/A

Robust Cannabis and Hemp Testing Lab in California

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Business Description

Cannabis and Hemp Testing Lab For Sale

This locally owned cannabis and hemp testing laboratory serves customers throughout California using state of the art equipment in order to provide the highest level of customer satisfaction while maintaining compliance with state regulations.
Testing services provided by the laboratory include but are not limited to –

• Terpenes
• Pesticide
• Potency
• Microbial
• Residual Solvents
• Mycotoxin
• Heavy Metals
• Water Activity

For 2019, the lab generated roughly $1,350,000 in revenue and is on track for over $2,000,000 in revenue for 2020. The low overhead in comparison to peers and below market rent offer an attractive investment opportunity for a buyer looking to enter the cannabis testing industry.

There is significant growth opportunity should CBD become regulated for testing similarly to cannabis, and this lab is poised to capitalize on this opportunity. This is your opportunity to step into a business that has laid the foundation to be successful in a booming industry.

Detailed Information

Reason for Selling:
other ventures
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Stu Gilman

Business Listed By:
Stu Gilman

Transworld Business Advisors of Tri-Valley


Sponsoring Broker:
Jay Grover

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