Highly reputed testing lab with over a decade in operation. Specializes in pharmaceutical and beauty product development and testing, serving clients in the Northeast. Their comprehensive services include product development, formulation, stability testing, and long-term storage. With state-of-the-art equipment and a highly skilled team, this company excels in solving complex analytical problems, ensuring high-quality service and strong client relationships.
Investment Highlights:
2023: $1.5mn; $315k EBITDA, 21% margin
Strong revenue growth, achieving a YoY growth of 20%
Maintains a balanced revenue model, 40% of income from analytical services, 40% from development services, and 20% from storage services
Long-term contracts with core clients/ strategic partners drive 80% of revenue
Stellar experienced team willing to stay
Opportunities for growth include utilization of lab and equipment to full capacity (current utilization <50%), expansion into inter-nation markets, strategic partnerships, and investment in marketing strategy
- Asking Price:
- $1,800,000 Furniture / Fixtures included
- Sales Revenue:
- $1,500,000
- Cash Flow:
- $315,000
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Equipment ranges $750K to $1 Million replacement value.
- Size in square feet:
- N/A.
Business Operation
- Reasons for selling:
-
Focusing on other ventures.
- Trading hours:
-
N/A
- Employees:
- 7 including office manager.
- Years established:
- N/A.
Other Information
- Support & training:
-
Standard transitioning period.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Standard SBA-term financing will be negotiable for qualified buyers.
- Furniture / Fixtures value:
- $750,000 - included in the asking price
