Scientific Lab (Cannabis & Others Products)

Not Disclosed, OR

Asking Price: Annual Revenue:
$1,200,000 $1,000,000

Food & Beverage: Miscellaneous

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RE: Scientific Lab (Cannabis & Others Products) Broker: Stephen Cohen
Owner Financing is Available!
The seller will finance up to 50% of the transaction for a qualified buyer.

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $415,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 303035781
Broker Reference #: LC2021

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Business Overview:

This business has ten plus years of experience as a well-regarded chemical testing facility. The company supports its partners to reach the expectations of the BQ-9000 accredited® lab 2013-2020 metrics ushered in by the National Biodiesel Board (NBB) for consistent biodiesel quality end-users can trust. In addition, the company has the equipment to test ASTM Fuel, Ethanol, Feedstock and became one of only twenty accredited test sites in Oregon for Cannabis flower. The experienced staff has worked together for many years to meet high standards and expectations such as those set forth by the US Army Chemical Demilitarization industry, the Department of Health and Human Services Centers for Disease Control and Prevention (CDC), the Oregon Department of Environmental Quality (ODEQ), the Washington Department of Ecology, and Oregon Environmental Laboratory Accreditation Program. They have demonstrated aptitude and proficiency in instrumental analysis, quality management, chemical hygiene, and waste management.

The company location is a two floor 4,500 square foot space in its own dedicated building. Total monthly rent is $3,300 with the lease running through April 2021 with an option to renew for 5 additional years. They have extensive equipment onsite to handle the current work load and could easily increase capacity. They own a Trade Wind, UHPLC and Xevo TQ-S testing system. All equipment has been purchased in the last five years and is kept in optimal condition.

The current owner is working 30 hours a week assisting with operations, employee management and handling some customer relations. Current full-time staff of this successful business include a total of six employees working under a total team approach to cover all the important roles of day-to-day operations and testing. In order to keep accreditations compliant, extensive training documentation, SOPs, and quality manuals are in place and updated often. The company focuses on hiring intelligent and precision-oriented people that take pride in their work and completing detailed projects. Ample opportunity for growth could include Cannabis concentrate testing, fruit orchard testing, and brewery/distillery ingredient testing.

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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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