Established Vitamin, Supplement and Food Analytical Testing Laboratory

This well-established analytical testing laboratory has been serving the nutraceutical industry since 2015, building a solid reputation and customer base over nearly two decades of continuous operation. Located in Suffolk County, NY, the business specializes in comprehensive testing services for vitamins, supplements, and food products.

Business Overview:
The laboratory operates from a 2,800 square foot leased facility with a monthly lease rate of $1,900. With 5 dedicated employees and established operational foundations, this business generates annual revenue of $619,343. The asking price of $650,000 includes $25,000 in inventory value, with additional fixtures, furniture, and equipment valued at $50,000.

Market Position:
As a known testing laboratory in New York's nutraceutical sector, the business benefits from increasing demand for vitamin, supplement, and food testing services both domestically and globally. The established clientele provides a stable revenue foundation, while industry growth trends support continued expansion opportunities.

Growth Potential:
Significant expansion opportunities exist through modernization and service diversification. Potential improvements include implementing Laboratory Information Management Systems (LIMS), developing customer portals, incorporating AI processes, and expanding testing capabilities to include microbiological testing and contaminant analysis services.

Operational Advantages:
- Easy-to-run business model with established foundations
- Solid, recurring customer base built over 19 years
- Positioned in a trending, high-demand industry
- Experienced team in place
- Comprehensive testing capabilities

Owner Support:
The seller offers post-sale transition support including introductions to the current employee team and educational guidance on industry operations and business management.

This represents an excellent opportunity to acquire a profitable, established business in the growing analytical testing sector with substantial potential for modernization and expansion.