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Quick Facts
Asking Price: | $349,500 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $25,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | Not Disclosed | |
BBN Listing #: | 12633008 | |
Broker Reference #: | 2401-182347 |
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Business Overview:
E-Commerce Custom Chemical Database - 15M products with specs
Ready for re-boot. Extremely impressive ROBUST e-commerce platform integrated with products, vendors and customers. Company served life sciences specializing in catalog compounds, reference standards and custom synthesis for chemicals, biologics and medicinal compounds used for discovery research and development in pharmaceutical, biotech and defense industries.
It was founded in 2005 and was operational between 2009 and 2018 in US. Back off in India stayed open until August 2020. In its best year, the company generated over $1M in revenue. Typical years resulted in $550-$650k in revenue. Gross profit average was about 75%. The officers are now selling the assets of the business due to illness and family matters out of the country.
It was the largest provider of pharmaceutical preparations. It offered orthogonally protected diamines, novel amines, chiral synthesis, enzymatic resolutions, amino acids, ketones, boronic acids, and unnatural alpha preparations for about 3000 paying clients. It started to make anti-cancer compounds.
They procured materials from India, China, Europe and Korea by leveraging their online chemical price enquiry services to order from anywhere in the US and throughout the world from about 7000 vendors and created custom compounds in house.
Most of the value is in the interactive AWS e-commerce data base with approximately 15,000,000 products developed over 3.5 years. It is current and updated real-time to the Amazon Scientific Site with accurate data requirements and detailed specifications for each chemical with associated quality control parameters, certificate of analysis and safety data sheet. It provides 'one-stop' shopping when an array of chemicals are required by the same customer. Products are searchable by a variety of methods including by use (ie. marijuana) or disease (i.e. alzheimers).There is a separate service with an extensive mailing list of about 2M targets. Receipient can click image that is hyperlinked to the product data base to search and place an order.
In addition to the data base, approximately 6000 chemical compounds, worth $350,000 at cost, of salable inventory is available. These custom chemicals are stored in freezers with detail documented in quick books and back up on the database.
The company name is recognized in the industry and could transfer along with office/lab space in San Diego that is extremely well suited for the business should a buyer wish to resume prior operations. Current rent on 1373 sqft is $1,925. Value of FFE is estimated at $25,000. A hazmat license, easily acquired for about $325, is required for shipping hazmat products by Federal Express but all other products may be shipped without a license. Very low cost overseas staff is also available to continue building the database along with on-going advisory support from the seller.
Transitional support negotiable. Asking: $349,500.
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Reason for Selling:
Family
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