LABORATORY FURNITURE, INDUSTRIAL DESIGN & INSTALL

New Castle, DE New Castle County

Commercial Office w/ Warehouse Space

Asking Price: $2,500,000

Annual Revenue: $3,861,227

Services: Construction, Contractors

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RE: LABORATORY FURNITURE, INDUSTRIAL DESIGN & INSTALL
Contact: Mel Lisiten

Owner Financing is Available!

Quick Facts

	Asking Price:	$2,500,000
	Annual Revenue:	$3,861,227
	Net Profit:	Not Disclosed
	Cash Flow:	$455,830
	Total Debt:	Not Disclosed
	FF&E:	$109,275
	Real Estate:	Not Disclosed
	Year Established:	1983
	Employees:	5
	BBN Listing #:	69495287
	Broker Reference #:	Not Disclosed

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Business Overview:

Business 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 repaired in the near future 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 over $200,000,000 at today’s costs.

Historical Summary: Company has been designing, supplying and installing laboratory furniture and accessories for it’s clients since 1983.

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Property Features and Assets:

Commercial Office with Warehouse Space.

Market Competition and Expansion:

Competition is Very Limited. Potential Growth is Unlimited.

Reason for Selling:

Retirement, complete support & training provided.

Additional Details:

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

Documents:

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