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  • RE:  Robust Cannabis And Hemp Testing Lab In California
  • Contact:  Stu Gilman

Quick Facts

Asking Price: $4,350,000
Annual Revenue: $3,963,145
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 971856818
Broker Reference #: 16754-848800

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Business Overview:

Growing and Profitable Cannabis Testing Lab in California

This cannabis and hemp testing laboratory serves customers throughout California using state-of-the-art equipment to provide the highest level of customer satisfaction while maintaining compliance with state regulations. They are ISO 17025:2017 accredited with current State and Local licenses.

The owners have created an excellent culture and have a seasoned staff with key employees expected to stay on after the transition. Owners are willing to stay on for however long is needed to ensure a smooth transition for clients, staff, and new ownership.

Testing services provided by the laboratory include but are not limited to –

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

In 2021, the company experienced more than 50% growth in revenue. 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. The lab is profitable and trending for additional growth in 2022.

There is a significant growth opportunity when CBD becomes regulated for testing similarly to cannabis, and this lab is poised to capitalize on this opportunity. They are ready for Psychedelic testing once legislation for testing methods/standards is passed in California. This is your opportunity to step into a business that has laid the foundation to be successful in a booming industry.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Other venture.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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