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Listed by:

Lisiten Associates Business Brokers

Laboratory Furniture Design, Sales, Supply And Installation For Sale

New Castle County, Delaware, US
Asking Price:
$2,500,000 Furniture / Fixtures included
Sales Revenue:
$3,861,227
Cash Flow:
$455,830

Business Description:
Company provides high quality, well designed and professionally installed laboratory facility furniture and fixtures to it’s Pharmaceutical, Medical, Research, Industrial and Educational clients. An example of this companies clientele includes Pfizer, Dupont, Glaxo, Merck and high profile Academia.

Company provides end to end total project support on both new laboratory construction and renovations from initial space planning to construction and final walk-through.

Company offers the following services:

- Basic Laboratory Planning, Layout & Design.
- CAD Engineering offering a full-range of computer-assisted design and drafting services.
- Installation crews who work closely with the project managers to ensure seamless transition from laboratory facility design to completion.
- Green Initiatives company has a variety of products which meet LEED standards and federal recommendations for energy conservation.
- Fume Hood Repair, Testing & Maintenance Programs. Company offers rebuilding, preventive maintenance plans and a hood enhancement program.

Company supplies the following lab furniture and lab accessories:

- Casework
- Tables
- Counter Tops
- Fume Hoods
- Service Fixtures
- Shelving Systems
- Sinks
- Plumbing & Electrical
- Pegboards
- Ventilated Enclosures
- Lab Accessories
- Manifolds

Fume Hood Repair and Maintenance:

This is a growing segment of this company’s business and a huge opportunity for the future.  A large percentage of the Pharmaceutical and Chemical research facilities, universities and other academia in this country whose Fume Hoods were installed in the 1960’s through the 1980’s are now not functioning properly and require repair and maintenance.  If these Fume Hoods are not repaired in the near future they will need to be replaced.  
 
The cost to replace a Fume Hood is 25 times the cost of repair and maintenance.

The repair and maintenance of all the aging Fume Hoods in operation today in desperate need of repair and maintenance is estimated to be worth over $200,000,000 at today’s costs. 

Historical Summary:
Company has been designing, supplying and installing laboratory furniture and accessories for it’s clients since 1983.

Property Information

Real Estate:

Lease

Lease Terms:

$3,100 per Month
2025 Lease Expiration w/ Option to Renew

Leasehold Rent:

$37,200 per annum

Location:

Commercial Office

Premises Details:

Commercial Office w/ Warehouse Space

Size in square feet:
6,000

Business Operation

Expansion Potential:

Unlimited

Competition / Market:

Limited

Reasons for selling:

Retirement and complete support & training will be provided.

Trading hours:

Mon to Fri 7 AM to 3 PM

Employees:
5
Years established:
1983

Other Information

Support & training:

Complete support & training will be provided.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
$109,275 - included in the asking price
Inventory / Stock value:
$10,000
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