Posted on October 19, 2021 / 136Listing ID: 290268GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $25,000,000
Status : ACTIVE
Size : 9,700
License Type : Medical & Recreational
Utilities : Water, Electricity, Gas, Sewer, Trash
Sale Type : Cash, Financing, Owner Financing, Joint Venture
Company Name : Manhattan Biz
Phone : 310-922-0936

Manhattan.Biz is presenting the biggest privately held cannabis laboratory in California (9,800 SqFt facility on 14,000 SqFt lot). Full lines of equipment for high volume, fast turn-around testing (Agilent based). Capable of performing 200 cannabis related pesticide-tests per day, all other contamination testing virtually unlimited. Highly trained staff, best SOPs, and proprietary designed lab layout for maximum performance. 

Ten full time employees, monthly payroll $50,000.

Equipment estimated to be valued at $8M and is paid off (included in price).

The building and land is owned by seller, worth $4M (included in price).

Close to highways and LAX, Los Angeles based premises with 55+ parking places and state of the art security systems.

If desired, long-term lease is possible (instead of land purchase): it is negotiable, but it shall be $25,000 per month, plus NNN (about $20,000 per year).

Lab just obtained licenses and started working, full financials are not available yet.

Desire to sell in 2021, due to unique personal and tax situation. 

If sale happens in 2022, once operating in full speed, the asking price will be most likely in 9-digits.

As unpopular as it may sound, the price is based not only on current assets (real estate, equipment, staff, licenses, know-how…) but also on the potential of that location and state.

Needless to say, the opportunity is for ambitious entrepreneurs, already seasoned in cannabis arena.

Please contact laboratories broker Saša Milosevic for more: 310-922-0936.

Massive Retailer & Delivery Chain For Sale (L.A., O.C., & S.D. County, CA) | $80M
This is a massive opportunity for a unique, established retail & delivery focused business that has four retail dispensaries, one in Santa Ana, two in San Diego County, and a fourth in Los Angeles County.
Call Eric Espinoza at (858) 245-6324 for more info. DRE CA LIC# 02077927
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