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- RE: Very High Growth Drug Testing Lab In Beautiful MT
- Contact: Dexter Sherman
Quick Facts
Asking Price: | $3,800,000 | |
Annual Revenue: | $1,559,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,061,925 | |
Total Debt: | Not Disclosed | |
FF&E: | $600,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2022 | |
Employees: | 4 | |
BBN Listing #: | 949630 | |
Broker Reference #: | 7604-18441 |
Business Overview:
Discover the key to unlocking unparalleled success in the cannabis industry with this highly lucrative, fully licensed, insured and bonded testing laboratory. As a mandatory service by law, customers rely on testing labs for accurate and dependable results. Situated in the heart of Montana, this laboratory stands out as one of only three licensed labs in the entire state and is centrally located for accessibility and convenience.
The state-of-the-art instruments ensure precision and efficiency, setting the standard for quality in cannabis testing. Moreover, its team boasts a highly qualified science director dedicated to staying on board to train your team during the transition, guaranteeing seamless operations and expertise continuity.
From its startup in 2022, this business has grown exponentially and is enjoying excellent profitability. While this lab tests a variety of products, marijuana is its main revenue source. Marijuana growers are required by statute to have all products tested for safety and potency before going to market. In the state of Montana, lab licensing and upfront equipment are very difficult to obtain making this a rare opportunity. The seller expects sales to continue to increase at least 40% when new regulations go into effect and has already equipped the facility to perform testing for increased volume. This is a fully operational turn-key business opportunity with minimal risk factors and excellent ROI.
Invest in excellence, invest in your future and choose this cannabis testing laboratory for sustainable growth and unmatched profitability.
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Property Features and Assets:
Assets = $600,000
Reason for Selling:
Sellers are relocating out of state.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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