Testing Laboratory with Seller Financing

Not Disclosed, FL

Southwest Florida


Asking Price: Annual Revenue:
$1,000,000 $1,321,848

Services: Engineering, Architectural Services


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RE: Testing Laboratory with Seller Financing Broker: Bob Leone
Owner Financing is Available!
Seller Loan: $200,000. Mos: 12. Rate: 6%. Mo Pmt: $17,213.29

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $1,321,848
Net Profit: Not Disclosed
Cash Flow: $66,061
Total Debt: Not Disclosed
FF&E: $1,700,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 10
BBN Listing #: 850011185
Broker Reference #: 170-08342

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Business Overview:

TESTING LABORATORY. Established 29 years. Recurring base of industrial, medical, military, and aerospace customers. A2LA accredited to ISO 17025 standards. Recognized industry leader in the areas of Chemical Testing, Mechanical Testing. Equipment assets included are EXTENSIVE, supporting a wide variety of testing and providing excess capacity for growth. Seller financing. In 2020 they will realize two monthly payments to drop off, one for a mandated accounting package from the DOD and one for a scanner that will be paid off 04/2020, totaling approximately $12,000 in monthly payment expense.

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Property Features and Assets:

Inventory: $5,000 (included in the asking price). Lease/Month: $15,094. Square Footage: 15,602. Building Type: Commercial. Terms & Options: Negotiable. Expiration Date: 9/30/2020. Leasehold: $500,000

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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