Cannabis Manufacturing - Propeitory Processes

Not Disclosed, WA

Asking Price: Annual Revenue:
$650,000 $1,000,000

Food & Beverage: Production - Bakery, Farms, Winery

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RE: Cannabis Manufacturing - Propeitory Processes Broker: Jeffrey Bryan
Owner Financing is Available!
The seller will finance $200,000 of the transaction for a qualified buyer.

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 737835781
Broker Reference #: C2019

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Business Overview:

This cannabusiness was started following the legalization of recreational marijuana use in Washington State, the second state in the county. There are currently 11 states where recreational marijuana is legal (including California and Illinois). The business supplies marijuana retail stores, in Washington, with high grade cannabis oil extracts. Their business model is perfectly positioned to scale operations into any of the 10 legal markets in the United States, or when national legalization becomes a reality. The business model is a modernly equipped cannabinoid extraction laboratory marketing over 40 different cannabis vapor cartridge products to licensed retailers.

The manufacturing process extracts individual terpenes while refining product to the highest organic purity, the terpenes are blended for desired taste and affect, while retaining natural cannabis flavors. The company fills cartridges, assembles and installs finished packaging and distributes product to retailers across Washington.

Seattle is the center of Washington’s cannabis culture with average household income nearly topping $100,000. Washington is the #2 marijuana marketplace in the world with annual sales exceeding $1 billion dollars according to the Department of Revenue. The business has retailers selling their product throughout the state. Natural expansion opportunity would be to open a production facility with distribution into Oregon. Newer markets with huge potential are the Chicago Metro (10 million people) and Las Vegas markets. The likelihood of new competition entering the Washington marketplace offering similar product quality is low given the proprietary technology, licensing process and the product diversity unique to the business model.

Their 3,200 square feet operation houses its production facility, offices for staff of 5 (marketing, testing lab, inventory and management). A staff of 5 works out of their manufacturing facility, with the owner running operations & managing production, sales/ marketing team of 2, and remaining staff perform production and packaging roles.

6 months residency in State of Washington (WSLCCB) is required to own this or any cannabis related business in the state.

The lead business broker for this company at IBA is Jeffrey Bryan. Please contact Mr. Bryan or email us.

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Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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