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Asking Price: $1,700,000

Lab Equipment Manufacturer - SBA Approved

Not Disclosed, NJ
Union County

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

Cash Flow $371,342
Revenue $2,242,797

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