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Drug Testing Service In South Colorado For Sale

South Colorado, Colorado
Asking Price:
$880,000
Sales Revenue:
$772,219
Cash Flow:
$294,595

This is a well-established company that provides drug testing, education, and compliance consulting. Its clients are government entities (such as cities, counties, and schools) and private and public companies. They provide a continuous stream of recurring revenue. The firm has grown every year for the last ten years. For 2015, the Seller’s Discretionary Earnings were nearly $300,000, and YTD 2016 is well ahead of that with $280,000 for the first nine months. The company also benefits from low overhead and high profit margins. Most of its business comes from a steady flow of referrals. Due to Federal government regulations and Colorado laws (legalized marijuana), the future of the drug testing industry looks promising. This business should make an appealing acquisition for: 1) another drug testing/compliance firm; 2) a person seeking a profitable business with growth opportunities; or 3) someone in the medical/health industry. Contact Ron Brasch.

Property information

Real Estate:

Lease

Location:

Based in Southern Colorado

Premises Details:

Operates from a small leased office
Relocatable to anywhere in Colorado

Business Operation

Employees:
6
Years established:
2004

Other Information

Relocatable:
This business can be relocated.

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