Business Description

Manhattan Biz is offering an established cannabis laboratory in California with all necessary licenses, certifications, and equipment valued at $1.7M. The laboratory is currently serving over 10 clients and conducting about 20 tests per day. With a monthly gross income of $200,000 and net profit of $30,000, it presents a lucrative opportunity for new owners looking to operate immediately with their own client base. Additionally, buyers of the laboratory stock will receive a $2.5M depreciation benefit. The laboratory occupies a 5,000 SF space in Manhattan with a lease set to expire in 2025. The space includes 2,700 SF of office area and 2,300 SF of additional space, along with free parking spaces. The current lease rate is $8,400 per month with an $8,000 security deposit, offering a stable and cost-effective location for the business. Furthermore, there is an option to purchase the entire 17,000 SF building for $