Hemp Extraction Facility Lab
Minneapolis, MN
| Asking Price: | $325,000 |
| Gross Revenue: | $120,000 |
| Rent: | $2,200/Month |
| FF&E: | $285,000 |
| Cash Flow: | $55,000 |
| Inventory: | $44,000 |
| EBITDA: | $118,000 |
| Established Year: | 2019 |
Listing ID: 2138137Listing provided by BizBuySell
BUSINESS DESCRIPTION
Company was formed June 2019, started processing September 2019, Product line launched March 2020, calendar year 2022 . With the right labor and time to dedicate this could be a great opportunity. We have farmers reaching out all the time through our website and social channels. We are a cryogenic ethanol processing facility. Our processing capabilities per day are:
Extract 120 pounds of biomass through the centrifuge into tincture
Reclaim 3 (15 gallon) kegs of ethanol
4 Kilos of Decarboxylated Crude Oil
3 Kilos of Full Spectrum Distillate
2 Kilos of Isolate
DETAILED INFORMATION
Location
Minneapolis, MN
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,500
Lease Expiration
11/08/2025
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
processing sales $118,667
product sales $67,497
light industrial
Equipment investment ~285,000
Buildout $85,000
Processing Sales Value $150k
Retail Website sales value $20K
Processing Website value $10k
Product Inventory Value $44k cost to produce
Competition
Hemp and marijuana was just recently legalized in Minnesota. This will open up the opportunity to processes hemp and hemp related products in this lab. Currently there is not enough processing facilities in the state of Minnesota.
Growth & Expansion
With a dedicated team and recognize brand name the potential is very high.
Financing
Cash, cashier check, contract for deed
Support & Training
Willing to train new staff up to 1 Month with 1 month market value salary
Reason for Selling
Owner is busy with other businesses
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