Well-Established Chemistry Lab in North East For Sale
| Asking Price: | $995,000 |
| Gross Revenue: | $200,000 |
| Cash Flow: | $120,000 |
SUPPLIES 3,000 STANDARDIZED REAGENTS – PROVIDES A GREAT PLATFORM FOR GROWTH
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The Laboratory specializes in providing many types of certified analytical standards/solutions to laboratories in the US and Canada. Its products cover:
a. Single-component environmental standards (volatiles, semi-volatiles, and more)
b. Pesticides, PCBs
c. Standards for EPA 500, 600, 1300, 1600, 8000 Series Methods
d. Polychlorinated biphenyl congeners, aroclors
e. Petrochemicals, underground storage standards
f. Inorganic standards
g. Cannabis product testing standards
It sells about 3,000 different analytical standards; although small, it is quite a unique, one-of-a-kind Lab.
The Lab is in a modern facility in a metropolitan city. It has new furniture and hoods and is a very clean laboratory.
The Lab operates in accordance with ISO 17025 and ISO 17034 standards. It has a continuous LOI with ANALAB, which indicates the Lab’s intention to follow ISO specifications and get the inspection done. The Lab has not received the formal inspection because almost all its customers do not require ISO certification, and it didn’t want to incur the added expense of maintaining the ISO. Besides, the owner is looking to exit. However, every piece of equipment and material the Lab uses is from ISO-certified vendors, and the buyer can get the certification if desired.
This business is ideal for a buyer who is already running a chemistry/analytical lab or a competitor, a chemist looking to branch out on his/her own, or companies, PE groups, or funds with such companies in their portfolio.
FINANCIALS AND ASKING PRICE
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Over the past three years, the average revenue is about $200K; DE is about $120K. The price of $995K includes over $250K of raw material in stock and over $500K of ready-to-ship certified finished products.
(When inquiring about the lab, please provide your business email and some information about your company and your background.)
