Amazing opportunity to acquire an Established Turn-Key Cultivation and Processing Business in Benton County, Washington that includes the underlying Real Estate! The business is currently licensed at the local and state level, each license was individually issued. The business sits on 3.5 Acres of land with 3 Greenhouses and a large warehouse. The Greenhouses allow for approximately 10,000 sq. ft. of canopy space and approximately 7,500 sq ft of canopy space within two stories in the warehouse.The current owner made sure to install all the necessary components that have allowed the business to be successful.
The owner invested $2.7M into the land & operation and has no debts! This profitable operation harvests approximately 1000 plants every three weeks. The property is heated with natural gas and water is supplied through a well without any restrictions. The property is very close to the Columbia River and the well draws from there. There are two transformers which reduces the electrical bill and will provide more than adequate power for any expansion. Experienced employees run the operation on a day-to-day basis.
Room to grow! Potential buyer can add a Tier #2 license onto the property and add into the indoor facilities. The Tier 3 license can be moved to outdoor & allows for up to 30,000 sq ft of grow, which is not easy to find in the State of Washington. The weather in this region would allow for two to three crops for harvest from the outdoor grow alone! In addition, producer licenses are not currently being issued by the State of Washington.
Cannabis Businesses have been labeled as essential businesses back in March, 2020 meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
Asking Price: $3,250,000.00 (Seller Open To Offers)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Charles Morningstar: WA Lic#103632
If you have any questions call Tom (619) 972-5952
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This listing is represented by (Local Broker) via the Green Life Business Group National Affiliate Program.