Amazing opportunity to acquire a Cannabis Testing Facility in Riverside County, California. In its last 3 months of operations, the laboratory averaged sales of $12,000, with the sales trending upward during those months. Located in Riverside County, this business sits on a 7,990 SqFt facility with $700k already invested into the buildout and includes $2M worth of equipment in the sale. The owner has a provisional license in hand, and a secured lease with 3 YRs left with a 7 YR option.
This is a great opportunity for someone who is looking to expand their testing footprint in the Riverside County Market, while also taking advantage of the very nearby emerging markets.
California recently announced the “Provisional”, or temporary license, program will sunset June 30, 2022 which means that in order to operate legally you must go through the arduous and time consuming process of getting a full “Annual” license or acquire an already existing state provisional license.
Asking Price: Call For 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.
Green Life Business Group, Inc DRE CA LIC# 02061374
Tom Milks, DRE LIC CA #02064305
Drew Mathews, DRE LIC CA #02091143
If you have any questions call Tom (619) 972-5952 or Drew (619) 653-0483
Email: firstname.lastname@example.org or email@example.com
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.