Agricultural Testing Lab with Proprietary Products

Not Disclosed, MA

Asking Price: Annual Revenue:
Not Disclosed $4,208,000

Manufacturing: Agricultural Manufacturing

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RE: Agricultural Testing Lab with Proprietary Products Broker: Seller of Business

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $4,208,000
Net Profit: Not Disclosed
Cash Flow: $534,416
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 9
BBN Listing #: 562559269
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Northeast-based industry leader in supporting the farming industry’s ability to accurately and efficiently measure and improve soil and compost quality, particularly related to organic farming. The Company has three significant revenue lines: soil product test kits, soil and compost lab testing, and R&D, primarily for the agricultural industry, but also for companies seeking to develop more biodegradable product packaging.

Our client was one of the earliest to introduce more precise ways of measuring soil quality. This type of testing gauges biological fertility, defined as the continued capacity of soil to function as a vital living ecosystem that sustains plants, animals, and humans, a trait that affects all aspects of farm productivity. Understanding and improving soil quality is an emerging focus in America and the world to provide better means of comprehensively evaluating farming systems to ward-off the negative environmental effects and loss of farming stability resulting from an over-reliance on chemicals. The Company is one of a relatively small number of companies with a specific focus on soil quality, particularly for organic farming.

The Company invented and then began further developing a line of user-friendly soil and compost quality test products. The products can measure biological respiration, providing specific detail concerning the living quality and aggregate stability of soil; also a soil’s ability to resist erosion along with its amino-nitrogen content, which advises about its ability to accumulate valuable reserves. These tests can be used by companies or growers in the farming industry, and growers of a more hobbyist nature.

Over the past two years the Company has generated sales of around $1.5 million, with its test kit products representing the largest source of revenue. Lab services continue to be a relatively steady contributor and R&D has been a significant source of revenue as well. EBITDA the past two years has averaged $518K. Revenue through March 31 was up 11.3% over the same period in 2019.

There is a strong argument that the combination of the Company’s robust soil test product lineup, well-established lab business and well-regarded industry position provides a platform for substantial growth.

Caswell Vlachos Group- Results-oriented merger and acquisitions firm facilitating ownership exit transitions through sales to strategic acquirers, private equity groups/family offices and owner-operator buyers throughout the Northeast

For additional Information please call or e-mail:
Greg Caswell
David Murray
P.O. Box 7102, 63 Federal Street
Portland, Maine 04112-7102

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Property Features and Assets:

The Company operates from a central office and lab building of 2,400 square feet with ancillary storage and workspace of 1,000 square feet in adjoining buildings. The Company leases the property from its owner at an annual rent of $72,000. The lease renews annually on January 1 unless either party requests termination with 60 days’ notice. The real estate is not included in the sale of the business, though ownership is open to discussion in this area.

Reason for Selling:


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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