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Businesses For Sale   >>   Professional Services Businesses For Sale

Asbestos, Mold & Air Quality Testing Lab

Location  United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $445000
Net Profit / Cash Flow  $158000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2005
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased
Reason for Sale  Relocating to another state

This 10-year old laboratory provides quality environmental testing and consulting services. The laboratory specializes in asbestos testing and analysis, mold testing and analysis, air quality testing, and consulting services. The Lab is being sold since its owners are moving out of state. The Company serves contractors, businesses, and homeowners and has built an excellent reputation in its geographic area. It holds Environmental Laboratory Approval (ELAP) certification and participates in the AIHA (IHPAT) Proficiency Program for Phase Contrast Microscopy (PCM) samples. PRIMED FOR GROWTH This is an excellent small business for both, an entrepreneur with the right scientific background or for another Lab looking to grow its business. The Sellers have laid a solid foundation of growth, and have spent the past two years in re-inventing their business. They have implemented a new website, better visibility on the internet, better infrastructure, IT and automation in the lab (new LIMS system), and the Lab has shown a strong revenue growth of about 40% in the past four years. The Lab is well-managed, with an experienced Lab Manager, which will allow the buyer freedom to spend more time on developing and implementing further growth strategies KEY FEATURES - Well-managed, solidly profitable turn-key lab in a growth phase - Well-trained staff and an experienced manager to run day-to-day operations - Lots of room for growth for the new owner by expanding service areas or offering new services Debt-free, efficiently run, high margin business - Suitable for entrepreneurs or other labs. Gross Sales: $445K (2014 projected); EBITDA: $158K, Asking Price: $650K

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