
Listing ID : 600389
Listed On August 6, 2023 95
Listing Updated November 22, 2024
This profitable business is offered at less than the $3 million value of the land and greenhouses alone. In addition, the purchase includes approximately $400,000 of inventory, over 15,000 sq ft of plant space and all the supplies and material needed to fully utilize the infrastructure upon purchase. This is a bargain opportunity to acquire a Washington State Tier 3 Cultivation (Producer) License, Processor License, 3 fully operational Cannabis Greenhouses (3,300 sq. ft. each) and a 5,000 sq. ft. warehouse (5,000 sq. ft. first floor and 3,500 sq. ft. second floor) with a 5,000 sq. ft. of cultivation. The business is located on 3.5 acres, included in the purchase. Approximately 1100 flowering plants are in each greenhouse and harvested on a monthly basis year round, regardless of the weather. Cultivation and Processor Licenses are capped in Washington state and Tier 3 is the largest cultivation license that was granted, at 30,000 sq. ft. The greenhouses contain approximately 10,000 sq. ft. of cultivation space and the warehouse contains another 5,000 sq.ft. of cultivation space, leaving the ability to add another 15,000 sq. ft of cultivation under the Tier 3 license. There is room to further expand the operations on the land, if the buyer acquires another license in the marketplace. Approximately 600 to 800 pounds of flower are harvested each month, year round, processed into rosin and/or trimmed for dry flower. Both sell out quickly each month. The warehouse has a large walk-in freezer that can store over 4,000 pounds of fresh frozen material for year-round rosin processing. The property is heated with natural gas and water is supplied through a well without any restrictions. The property is very close the Columbia River and the well draws from there. 2 transformers, one 45KVA/480 Amps and one 30KVA/ 300 Amps, provide enough power for current operations and any future expansion. Special panels on the greenhouses have resulted in extremely low electric bills compared to other users in the state of Washington and many other states. Highly skilled and tenured team of employees handles all day to day operations. Property is well maintained. Since its first harvest in 2019, Seller has experienced strong demand for its products, which have the consistent quality desired by the market. Seller is amenable to seller financing for a portion of the purchase price. NDA and POF required. Cannabis Business Brokers, Inc. is the referring broker on this listing and eXp Commercial LLC, WA License 20119747, is the listing broker. All inquiries from buyers should follow the standard prompts on this Ad.
Built to Scale: High-Margin, Fully Operational Chain with Strong BrandEstablished Hemp & CBD Retail Business – Multiple Prime Locations | Highly
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