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Asking Price: $2,500,000

LABORATORY FURNITURE, INDUSTRIAL DESIGN & INSTALL

New Castle, DE
New castle County

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- ManifoldsFume 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.

Cash Flow $455,830
Revenue $3,861,227
$ Owner Financing Available

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