Request More Information Contact the Seller
- RE: Lab Equipment Manufacturer - SBA Approved
- Contact: Mark Ilardi
Quick Facts
Asking Price: | $1,700,000 | |
Annual Revenue: | $2,242,797 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $371,342 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 935294 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Established more than 20 years ago, the company stands as a premier lab/cleanroom equipment manufacturer, having acquired the assets of a well-established predecessor. Specializing in acid-resistant Polypro casework and hoods, they have emerged as an industry leader, backed by a legacy of quality and innovation. Its principal customers include prestigious University, State, and Federal government research labs, along with corporate/private industry research labs.
Proud member of SEFA (Scientific Equipment Furniture & Equipment), fostering invaluable connections with architects and industry experts. This collaboration has accelerated the industry's awareness of the company’s acid-resistant/lab-grade equipment.
Its UL1805 plastic hoods, an industry first, provide a superior solution for acid-resistant lab equipment. The addition of a second UL listing, incorporating a sprinkler within the hood's work chamber, sets it apart in safety and compliance.
Despite the setbacks of COVID-19, the company’s commitment to excellence perseveres. Lead times have been streamlined to 12–20 weeks, and 2023 projections indicate a return to the profitability levels of the pre-COVID era. With a backlog exceeding $1,500,000 supported by purchase orders or letters of intent, the business is poised for resurgence in 2023.
Lab of the Year 2010 and Lab of the Year Runner-Up 2021
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more New Jersey businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information