Cannabis Turn-Key Laboratory Supplier Business For Sale (LA County) #168

New Popular Turn Key 

Posted 1 month ago / 141 views

$3,500,000.00

This is a well established company that supplies laboratory equipment to the oil extraction market, with top of the line machinery this “one-stop-shop” business grossed over $4mil in 2018. The business is located in Los Angeles County but servers customers all over California and other states. With 15 years of experience hands-on experts they provide personalized service to all of their customers. Working closely with industry leaders, they are proud to sell the best laboratory equipment on the market today. Seller looking to retire after 15 years in the business. There is great opportunity to expand with more sales activity using the excellent reputation they have built.

In addition to supplying laboratory equipment for the oil extraction market they also provide freezers, refrigerators, industrial furnaces, ovens to the medical/scientific laboratories and research and development centers. Being in the laboratory equipment supply, distribution business for over 15 years, has provided the company with a unique opportunity to transfer that knowledge and expertise over to the emerging cannabis market. Seller is willing to provide a total of 6 months training for the new operator to make sure they understand the business model and to establish the relationship with the current clients. 

Revenues:

  • 2017- 2.85mil
  • 2018- 4.1mil
  • Jan 2019 – $649k

Real Estate:

  • Lot Area: 6,500
  • Building Space: 3,500 sqft

Two Options for the Real Estate

  • Option A Purchase- 1.2mil (On top of Asking Price)
  • Option B Rent- $1.25/sqft (Open to a long term lease)

Recap:

  • Wholesale Inventory: $100,000.00
  • Employees: 4
  • All equipment including Forklift are included in the sale.
  • Reason for Selling: Retiring
  • Training: Seller will provide 6 months of training for the new operator

 

Asking Price: $3,500,000.00

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

Alejandro Ochoa, BRE CA# 01120049 

If you have any questions call Alejandro (619) 485-0482 or William (619) 846-4861

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.

Listing Location

Los Angeles County,California

Free Cannabis Business Evaluation | Sell My Business

We will be in touch with you within 24 Hours