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Robust Cannabis And Hemp Testing Lab In California
Location: United States -> California
Industry: Agriculture > Farms




Business Summary

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.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $2,000,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Yes

About The Business

Year Established:  2020
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

About The Sale

Reason For Selling:  other ventures

Photos

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Robust Cannabis And Hemp Testing Lab In California Photo 1




Print Listing Id: 700348507
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Related Searches: Agriculture and Supplies  >  Farms  >  Other Agriculture  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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