Contract Research & Testing Services

Asking PriceNot Disclosed

Cash Flow
Not Disclosed

EBITDA$430,414

Gross Revenue$967,032

InventoryNot Disclosed

FF&E$330,000
Included in asking price
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Contract Research & Testing Services


Asking PriceNot Disclosed

Cash Flow
Not Disclosed

EBITDA$430,414

Gross Revenue$967,032

InventoryNot Disclosed

FF&E$330,000
Included in asking price
Business Description
HemoGenix, Inc. (HG), founded in 2000, remains a significant entity in the stem cell assay market. The company has developed proprietary toxicology testing procedures that have been widely utilized by biopharmaceutical companies across the nation for evaluating new drug candidates. Several of these tests have been further refined for internal applications in stem cell and veterinary research, cellular therapy, and regenerative medicine. In 2017, Preferred Cell Systems, Inc. (PCS) was established, accompanied by the launch of the website www.preferred-cell-systems.com. This initiative aims to enhance education, product development, and marketing of advanced testing kits and assays. With the global emphasis on reliable testing platforms, HG/PCS is well-positioned for new ownership that can leverage its long-established industry relationships to expand contract services and scale the distribution of its diverse array of developed kits and assays. The growth potential is evidenced by a 200% increase in kit assay sales in 2024, driving gross revenue close to $1 million. Early in 2024, the owner appointed a full-time lab manager to facilitate the transition of daily operations from the founder. The owner seeks to fully retire but is open to consulting for a negotiated period to ensure a successful transition.
About the Business
Years in Operation
25
Employees
8
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,400
About the Sale
Seller Motivation
Retirement
Listing Info
ID
2324486
Listing Views
803
Attached DocumentsAttachment Disclaimer

1120_Contract_Research_Testing_Services_1_25.pdf


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Business Listed by: Rob Amerine The FBB Group, Ltd.

Listing ID: 2324486 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.