LABORATORY FURNITURE DESIGN, SALES, SUPPLY & INSTALLATION
(Laboratory Furniture, Industrial Design & Installation, Industrial Sales)
New Castle, DE
Listed Price: $ 2,500,000
Listing ID: XCNY333010
Listing DetailsGross Revenue: $ 3,399,606
Cash Flow: $ 556,216
FFE: $ 109,275 (Included in Price)
Inventory: $ 10,000
Form of Ownership: C Corp
Terms and Conditions: Negotiable
Reason for Sale:
Retirement
Training & Support:
Complete support & training will be provided.
Listing SummaryBusiness Description:
Company provides high quality, well designed and professionally installed laboratory facility furniture and fixtures to it’s Pharmaceutical, Medical, Research, Industrial and Educational clients. An example of this companies clientele includes Pfizer, Dupont, Glaxo, Merck and high profile Academia.
Company provides end to end total project support on both new laboratory construction and renovations from initial space planning to construction and final walk-through.
Company offers the following services:
- Basic Laboratory Planning, Layout & Design.
- CAD Engineering offering a full-range of computer-assisted design and drafting services.
- Installation crews who work closely with the project managers to ensure seamless transition from laboratory facility design to completion.
- Green Initiatives company has a variety of products which meet LEED standards and federal recommendations for energy conservation.
- Fume Hood Repair, Testing & Maintenance Programs. Company offers rebuilding, preventive maintenance plans and a hood enhancement program.
Company supplies the following lab furniture and lab accessories:
- Casework
- Tables
- Counter Tops
- Fume Hoods
- Service Fixtures
- Shelving Systems
- Sinks
- Plumbing & Electrical
- Pegboards
- Ventilated Enclosures
- Lab Accessories
- Manifolds
Fume Hood Repair and Maintenance:
This is a growing segment of this company’s business and a huge opportunity for the future. A large percentage of the Pharmaceutical and Chemical Research Facilities, Universities and other Academia in this Country whose Fume Hoods were installed in the 1960’s through the 1980’s are now not functioning properly and require repair and maintenance. If these Fume Hoods are not maintenanced and repaired in the near future it will not be an option to repair them and they will need to be replaced.
The cost to replace a Fume Hood is 25 times the cost of repair and maintenance!
The repair and maintenance of all the aging Fume Hoods in operation today in desperate need of repair and maintenance is estimated to be worth well over $200,000,000 at today’s costs.
Historical Summary:
Company has been designing, supplying and installing laboratory furniture and accessories for it's Fortune 100 clients since 1983.
Owner Qualifications:
Prior business experience is helpful.
Competition:
Limited
Potential Growth:
Unlimited
Financing/Terms:
Negotiable
LocationLease Expire: 0000-00-00
Option: Yes
Monthly Rent: $ 3,100
Square Footage: 6000
Type of Location: Commercial
Facilities:
Commercial Office w/ Warehouse Space.
OperationYear Established: 1983
Days & Hours of Operation: Mon to Fri 7 AM to 3 PM
Owner Hours: 40
Employees: 5
Managers: 2
Absentee Owner: No
