Eastern CALarge Scale Extraction Facility-CA-BizBuySell Listing
Business Description
Mammoth Lakes 420 Lab
Major Price Reduction of $350,000 to $449,000
A fabulous opportunity to process cannabis or hemp in Mammoth Lakes, CA, a town in California’s Sierra Nevada mountains. It’s known for the Mammoth Mountain and June Mountain ski areas and nearby trails. http://mammothlakes420lab.com
This lab and processing plant were designed to produce over 2,000,000 grams of distillate per month. State of the art equipment to perform ethanol extractions and the ability to recover up to 2000 gallons of ethanol in an 8-hour day. The factory is equipped with both single and three-phase power resources that will be more than sufficient to power all of your equipment. All piping and electrical wiring meet the requirements of the City of Mammoth Lakes and the State of CA. The factory is currently licensed by the city and the state to perform type 6 cannabis manufacturing. Although the state license is non-transferable, the city, on the other hand, is very cooperative. Its low tax rate is an added bonus. Regulations and tax rates are available at Town of Mammoth Lakes Cannabis Regulatory Framework | Mammoth Lakes, CA - Official Website.
The building is fully equipped with a C1D1 room, a C1D2 room, an employee entrance and locker area, a gorgeous break room and kitchenette, 2 fully remodeled bathrooms, and a luxurious foyer. The flooring throughout the lab is top of the line. Everything in the factory will dazzle even the most critical buyer.
The facility boasts about 5000 sq. ft of usable space and a very large usable flat lot. There is also a generator, two 4-ton chillers (which require reconditioning), four 600-gallon ethanol tanks, a cooling tower, and a large generator so that you are always up and running.
And as an added bonus, there are a plethora of spare parts, chemicals, supplies, and glassware included in the purchase price. The distillation room is ready for you to set up several distillation units.
The landlord is very cooperative and is very comfortable with either cannabis, hemp, or anything else compliant. The lease is negotiable. If a picture is worth a thousand words, then our video is worth a million words. After you watch the video you will be convinced that this a deal that you can’t pass up even at twice the price. http://MammothLakes420Lab.com CURRENT EQUIPMENT INCLUDED DETAILED IN EQUIPMENT LIST SPREADSHEET. VIDEO WILL SHOW ITEMS THAT HAVE SINCE BEEN SOLD.
“We cooperate will all California brokers and attorneys. Selling agents earn 100% of the total listing and selling commission paid for by the seller.”
Shown but not included in the sale are: KD-30, Pope Stills, 2 Revco Freezers, 1 2-door Stainless Refrigerator, 1 3L Rotovap (note the video does NOT show all of the lab and mechanical equipment in the 1300 sqft+ other building (1st story plus loft) that’s included in the sale. The updated inventory list will be posted 6/19. This is an asset sale and no Cannabis/customer lists are included.
Asset Sale Only w/Leasehold
(Investopedia.com excerpt)
• An asset sale occurs when a company sells some or all of its actual assets, either tangible or intangible.
• In an asset sale, the seller retains legal ownership of the company but has no further recourse to the sold assets.
• The buyer assumes no liabilities in an asset sale.
Assets are unencumbered and free of liens. Assets are “free and clear”. Buyer is obligated to do their own due diligence including but not limited to hiring an attorney and CPA/Tax Expert, lien searched, & contacting regulatory agencies etc. Seller is selling assets “As Is” without any reps or warrants, implied or otherwise. Buyer is responsible to take over or establish lease(s), currently month-to-month, with very flexible landlord.