ADD FREE LISTING

Washington State Operating Tier 3 Cannabis Greenhouses – Land and Inventory Included

Benton County, Washington, USA
APPLY FOR A BUSINESS LOAN
Cannabis Businesses For Sale | Cannabis Cultivation/ Grow Businesses For Sale

Listing ID : 600389

Listed On August 6, 2023 View Count 92

Listing Updated November 22, 2024

Price :
$2,499,000(Price Reduced)
Business Overview :
Year Established:
2019
Number of Employees:
8
Inventory Included:
Yes
Estimated Value of Inventory:
$400,000
Accounts Receivable Included:
Yes
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Growth and Expansion Opportunities:
The Facility can be expanded by 15,000 sq. ft. of cultivation, for a total of 30,000 square feet of cultivation. Buyer could also acquire more licenses in the marketplace and expand production on the property. In addition, there is room in the processing area to add additional equipment and further expand processing capacity. All of this extra capacity could be used to process any additional cultivation that is added by Buyer or to service third parties under tolling type agreements.
License Details :
License Status:
Active – Current
License Type:
Recreational/ Adult Use
License Activities:
Cultivation
Business Location Details :
Facility & Tenant Improvements:
Three identical greenhouses, 3300 sq ft each. Fully automated heat, A/C and humidity controls and light dep curtains. The greenhouses are watered by a 10,000 gallon per day reverse osmosis system feeding three 500 gallon reservoirs, one per greenhouse. Each greenhouse has approximately 110 1000W HID fully automated lights. A 2-story 5,000 sq. ft warehouse (5,000 sq. ft. first floor and 2,500 sq. ft. second) houses flowering plants, clones, teenage plants, mothers, a large walk-in freeze, surveillance equipment, drying and packaging areas and offices.Fully automated heat, A/C and humidity controls and light dep curtains. The greenhouses are watered by a 10,000 gallon per day reverse osmosis system feeding three 500 gallon reservoirs, one per greenhouse. Each greenhouse has approximately 110 1000W HID fully automated lights. A 2-story 5,000 sq. ft warehouse (5,000 sq. ft. first floor and 2,500 sq. ft. second) houses flowering plants, clones, teenage plants, mothers, a large walk-in freeze, surveillance equipment, drying and packaging areas and offices.
Lot Size:
3.5 Acres
Utilities:
Electricity, City Water, Solar, Sewer, Garbage
Terms :
Financing:
Cash, Owner Financing
Broker Co-Op:
Yes
NDA Required:
Yes
Support & Training Offered:
Seller is available to assist in the transition of the Business to a buyer. Experienced employees are wiling to continue working with the Business.
Reason for Selling:
Seller is retiring.
Company Overview :
Description :

This profitable business is offered at less than the $3 million value of the land and greenhouses alone. In addition, the purchase includes approximately $400,000 of inventory, over 15,000 sq ft of plant space and all the supplies and material needed to fully utilize the infrastructure upon purchase. This is a bargain opportunity to acquire a Washington State Tier 3 Cultivation (Producer) License, Processor License, 3 fully operational Cannabis Greenhouses (3,300 sq. ft. each) and a 5,000 sq. ft. warehouse (5,000 sq. ft. first floor and 3,500 sq. ft. second floor) with a 5,000 sq. ft. of cultivation. The business is located on 3.5 acres, included in the purchase. Approximately 1100 flowering plants are in each greenhouse and harvested on a monthly basis year round, regardless of the weather. Cultivation and Processor Licenses are capped in Washington state and Tier 3 is the largest cultivation license that was granted, at 30,000 sq. ft. The greenhouses contain approximately 10,000 sq. ft. of cultivation space and the warehouse contains another 5,000 sq.ft. of cultivation space, leaving the ability to add another 15,000 sq. ft of cultivation under the Tier 3 license. There is room to further expand the operations on the land, if the buyer acquires another license in the marketplace. Approximately 600 to 800 pounds of flower are harvested each month, year round, processed into rosin and/or trimmed for dry flower. Both sell out quickly each month. The warehouse has a large walk-in freezer that can store over 4,000 pounds of fresh frozen material for year-round rosin processing. The property is heated with natural gas and water is supplied through a well without any restrictions. The property is very close the Columbia River and the well draws from there. 2 transformers, one 45KVA/480 Amps and one 30KVA/ 300 Amps, provide enough power for current operations and any future expansion. Special panels on the greenhouses have resulted in extremely low electric bills compared to other users in the state of Washington and many other states. Highly skilled and tenured team of employees handles all day to day operations. Property is well maintained. Since its first harvest in 2019, Seller has experienced strong demand for its products, which have the consistent quality desired by the market. Seller is amenable to seller financing for a portion of the purchase price.  NDA and POF required. Cannabis Business Brokers, Inc. is the referring broker on this listing and eXp Commercial LLC, WA License 20119747, is the listing broker. All inquiries from buyers should follow the standard prompts on this Ad.

Create an account

I Agree to 420 Property’s Terms and Conditions and Privacy Policy

You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776
You must log in or sign up to use this feature. Please refresh this page if you have already logged in and this feature is not working. For technical assistance please contact us at: 866-742-0776

Contact Listing Owner

All Listings

420 PROPERTY SEARCH

Status
ACTIVE
COMING SOON
PENDING
LEASED
SOLD
OFF MARKET
Hemp Only Listings
Broker Co-Op Listings

Listings You May Also Like

NY Microbusiness License – Cultivation/Distribution/Processing/Retail

New York State, USA

Selling a New York adult-use, Micro-business License. The license is paper-only and has not commenced operation. This license is authorized to:Cultiva

Licenses For Sale

Microbusiness with Retail

130 W Morris St, Bath, NY, USA

Unlock Your Opportunity into the NY Cannabis Market.We are offering an Adult Use Microbusiness License in the Fingerlakes Region of New York, an oppor

Retail Stores/ Dispensaries

Portage – Freestanding Cannabis/Retail/Office Building

7812 Portage Road, Portage, Michigan, USA

Freestanding retail/office building available for sale. Formerly used as a delivery hub for a Municipal Approved Adult-Use Provisioning Center with 24

Retail Stores/ Dispensaries

Kalamazoo County – Confidential Operating Provisioning Center

Michigan, USA

Operating Adult-Use Provisioning Center for sale - real estate and license included.Located in a densely populated residential area, this property ben

Retail Stores/ Dispensaries