Hot Listing

Long Established Corporation Servicing Laboratory Equipment

Asking Price$1,600,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,800,000

Inventory$100,000
Included in asking price
FF&E$100,000
Included in asking price
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Hot Listing

Long Established Corporation Servicing Laboratory Equipment


Asking Price$1,600,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,800,000

Inventory$100,000
Included in asking price
FF&E$100,000
Included in asking price
Business Description
The corporation is a pioneer in the field of independent service organizations for biomedical laboratory equipment. By providing local skilled technicians with an average of 20 + years of experience and a warehouse and testing facility within an hour drive to most clients the highest level of service is offered. Accordingly, the client list includes the finest University, Governmental and Corporate Labs in the Research Triangle Park and North Carolina. Growing Calibration services and increased marketing to Corporate Labs that continue to open in the served marketplace will offer additional growth and profitability to a new owner.
About the Business
Employees
10 (7 Full-time, 3 Part-time)
Facilities & Assets
6200 square foot centrally located industrial building housing offices and warehouse. Extensive library of manuals, workbenches for technicians and administrative office separated from warehouse with extensive shelving. Also included are 5 company owned service SUV's and a Box Truck.
Opportunities for Growth
Virtually unlimited as the North Carolina area continues to attract Biotechnology companies from around the World and already present companies continue to expand.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,200
Rent
$5,166.67 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Currently, three owners work in the business and are included in the headcount. One owner would like to remain with the business and does the majority of the calibration work. Another owner would entertain an opportunity to continue training new employees in a part time capacity. The third owner is currently part time and wishes to retire but will agree to remain for a negotiated period of time to transition the administrative aspects of the business.
Listing Info
ID
2526896
Listing Views
47

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Business Listed by: Steve Schilling Dogwood Business Brokers & Advisors

Listing ID: 2526896 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.


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