Environmental Testing Laboratory

New Jersey

Seller Financing Available

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Asking Price:$300,000
Gross Revenue:$240,000
Rent:$3,800/Month
Established Year:1990
Cash Flow:$90,000
Inventory:$10,000
FF&E:$300,000
BUSINESS DESCRIPTION

Lead, Asbestos, Soil Water and many more

Our environmental testing laboratory has a well-established presence in the tri-state area, with a commendable track record and a range of licenses from reputable agencies. Having worked with various organizations and institutions, including government entities like NYCHA, DCAS, correction facilities, schools, and colleges, demonstrates a diverse and substantial portfolio.

Given our extensive experience and the licenses we hold, we likely have a strong foundation in ensuring compliance with health and environmental standards. This is crucial, especially when dealing with projects for public institutions and organizations that require adherence to strict regulations.

If you're looking to build multi-million revenue on how to further enhance your laboratory's profile or expand your clientele, you might consider this opportunity

Last Three Years Sales Revenue 2021: $ 380,000 2022: $ 325,000 and Projected for 2023: $ 240,000

SDE: $ 80,000, $ 65,000 and $ 60,000


DETAILED INFORMATION
Location
New Jersey
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,500
Lease Expiration
31/05/2024
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Various laboratory equipments including Hitachi TEM microscope for Asbestos Analysis
Competition
Excellent Market. 1.00 Million Revenue can be built within three years
Growth & Expansion
Covid 19 impact is over. This business can generate more than $ 300,000 in profit
Financing
30% with 70% down payment
Support & Training
One month
Reason for Selling
Retirement
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Bernad William
Bernad William