Life Sciences Products and Contract Services

Not Disclosed, CO

Colorado Front Range


Asking Price: Annual Revenue:
$1,500,000 $583,113

Services: Non-classifiable


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RE: Life Sciences Products and Contract Services Broker: Rob Amerine
License #: ER000212091

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $583,113
Net Profit: Not Disclosed
Cash Flow: $583,113
Total Debt: Not Disclosed
FF&E: $297,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 8
BBN Listing #: 9072981
Broker Reference #: 1517

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Business Overview:

This life sciences contract research service company was founded in 2000 and is a key player in stem cell assay market. The company has developed patented and proprietary tests for in vitro toxicology testing of new drug candidates developed by biopharmaceutical companies. All of these tests and many others have been further developed for in-house testing for stem cell and veterinary research, cellular therapy and regenerative medicine and toxicology and sold as testing kits worldwide. This business is ready for new ownership to leverage its existing industry relationships and further profit by fully scaling the distribution of its many product lines. As of September 2019, gross sales have nearly doubled and SDE is nearly $250,000. The owner is looking to retire but can be a consultant for a limited period of time to help in a successful transition of the intellectual property and all in-house lab procedures. Gross Sales and SDE reflect a 5-year average.

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Property Features and Assets:

4,400 Square Feet (approximate) leased facility.

Market Competition and Expansion:

- Increase current marketing efforts and add direct sales team with biopharmaceutical experience. - Expand the line of contract research services beyond the current target industries. - Focus on animal studies, including offering services to veterinarian clinics. - Focus on pharmaceutical companies in the early phase of drug development. - Direct marketing to help educate the U.S. stem cell transplant community based on U.K. trends.

Reason for Selling:

Retirement

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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