Specialized Laboratory Services
Location Missouri,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1285400
Net Profit / Cash Flow $636000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1900
Number of Employees 20 - 34
Inventory 50000
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Leased
Training Yes.
Reason for Sale Wants to spend more time with familly.
Description Rare opportunity to acquire a highly profitable laboratory services business for sale, that currently has 4 offices in Missouri and and 1 in another state. Long term exclusive and preferred vendor government contracts currently represent 80% of revenues. Government revenues are recurring and consistent. Excellent growth opportunities continue to exist in both the government and commercial side of this business, but the owner spends very little time in the business and does virtually no marketing and sales.
The founder of this recession resistant business started on the West Coast in 1995 and expanded the business into the Midwest in 2000. These offices face very little real competition have been opened in only two out of nine States in the Midwest Region. Outstanding growth opportunities exist to market to commercial customers which represent 50% of revenues on the West Coast, and open many more offices/labs in the 9 Midwestern states. Opening offices can be accomplished with very little cost and risk. Also, employees do not require special qualifications; they simply must be able to follow lab processes and manufacturer's guidelines.
Purchase price covers the existing 5 offices in two states plus rights to all nine Midwest states. Buyer must be able to disclose at least $1 million in liquid assets for a down payment plus the ability to secure a loan if required. Seller will consider financing $1 million of the purchase price for the right buyer(s). To find out more about this very rare opportunity, please email or call Kam at 314-369-3294 or our office at 314-842-3802 and ask about ID#1276KM.
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