WA Tier III Cannabis Producer and Processor for Sale

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Asking Price:
$5,000,000

Gross Revenue:
$2,500,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$300,000
included in asking price

FF&E:
$3,000,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Washington State Tier III indoor cannabis grow facility (30,000 sq. ft.) conveniently located in Vancouver, WA just off of SR 500 and I-205. Zoned light industrial. Approximately 52,000 square feet of useable space, including approximately 30,000 square feet of canopy space. Plenty of space onsite to set up a full concentrate and extract lab. Five-year lease with two five-year options.
Operating Tier III Indoor Producer and Processor licenses, which allows for the maximum amount of flower canopy pursuant to state law and production of a full range of extracts, concentrates, and infused products. Washington State is not issuing more cannabis licenses, so this is a great opportunity to enter the Washington market.
Facility includes necessary electrical upgrades, 820 1000 watt Gavita style grow lights, rolling tables, HVAC systems including energy efficient chilled water cooling and A/C split system, security cameras and DVRs, and security alarm system. Features include two loading docks, fire sprinklers, ample off-street parking, and office space.
The facility has been approved by the Washington Liquor and Cannabis Board, and been in continuous operation since June 2016. Established customer base and brand loyalty, with market dominance in the southwest Washington market. At full capacity the facility can produce approximately 800 pounds of cannabis per month, pre-rolls, extracts, and concentrates. Great opportunity to operate immediately and build state-wide market share. License holders in Washington must be a resident for three months. Current license holder willing to stay on licenses to facilitate transfer. Two tiered business structure to facilitate improvement financing options.
Call Laszlo Bagi at (303) 994-5924 for more information or to schedule a viewing.

About the Business

Year Established:
2016
Number of Employees:
32 FTE
Facilities:
Owner of real estate open to offers to purchase the property.
Market Outlook/
Competition:
Dominant in Southwest Washington and expanding across the state.
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About the Sale

Training/Support:
Fully trained and operating staff.
Gross Revenue
Comments:
Increasing to $10m+
Seller Financing:
Negotiable

Listing Info

Keywords:
Cannabis Marijuana Grow Producer Processor I-502
ID:
1449886
Ad Detail Views:
0

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