Business Description

This company designs and sells specialized equipment for extracting compounds from plants, serving industries like cannabis, biopharmaceuticals, and botanical extracts. Although heavily impacted by the loss of trade shows due to COVID-19, they are now looking for a partner to revitalize the business, which is equipped with patents, trademarks, a loyal customer base, and advanced manufacturing skills. Their efficient equipment is used for botanical extraction, creating concentrated herbal products and isolating specific compounds like CBD and terpenes. With a revenue of $8.6 million and earnings of $4.5 million in 2019, the company has a strong foundation despite recent setbacks. They are seeking a partner with marketing expertise in industries like biopharmaceuticals, essential oils, and CBD/Kratom to help expand their reach and grow sales. Priced at $975,000 for complete ownership, the company is open to negotiation for shared ownership or employment retention by one of the owners. Having experienced consistent growth before