Site Management For Drug Trials
Location Colorado,United States
Asking Price Range $250K - $500K
Gross Revenues $230465
Net Profit / Cash Flow $81809
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Inventory 2700
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 30 days.
Reason for Sale Pursue other interests.
Description This low overhead business serves as a coordination service for the pharmaceutical industry to conduct trials using local doctors and patients. No competition in the northern Colorado area. Expansion is possible by actively seeking new trials and physician relationships. Experience in this area would be advantageous to a new owner but not necessary. This business builds on the strength of research, organizational, and intellectual capacity of its staff. In addition, all testing supplies are provided eliminating cash flow pressure. If this business continues to provide excellent coordination it can only continue to grow year over year. 3rd party valuation is $360,000. Contact for more information on this Drug Trial Site Management business for sale.
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