Services - Health, Medical & Dental | Services - Other Miscellaneous services

Asking Price	$243,000	Inventory
Gross Income	$235,151	Real Estate	$975,000**
Cash Flow	$108,908	Year Established	1999
FF&E	$58,818*	Employees	4

* included in the asking price

** not included in the asking price

This clinical trials company has been in business for ten years. It provides a quality product very well respected in their industry. In medical research, clinical trials are conducted to allow safety and efficacy data to be collected for new drugs or devices. Depending on the type of product and the stage of its development, investigators enroll healthy volunteers and/or patients into small pilot studies. This business provides clinical trials, under strict guidelines and under the direct supervision of a licensed M.D. to commercially, successful pharmaceutical companies. This is a full turnkey operation with state of the art equipment and proven processes. Services include patient care, drug administration and trial results. This business is audited by the pharmaceutical firms, FDA and Institutional Review Boards. All of these reviews have resulted in this company passing all exams and completing over 70 trials. Major equipment includes computers, patient chairs, drug dispenser, and various medical devices. Its brand new facility is kept in superior order, with enough inventory to support a full clinic operation. All equipment is well maintained and on a regular maintenance schedule. This business requires 4 people to operate based on the trial sequence. The current owner manages and operates the business but it could be run by just a manager. Business name is included in sale, with real estate available for $975,000. Cash flow amount listed is an average based on the past 3 years.

Facilities: New 3,000 sq. ft. stand-alone facility, leased at $6,600/mo New five-year lease will include options to renew.

Competition: This clinic is located in a great area, it offers outstanding branding, and has an established customer base. Competition level is low as there is more demand than can be supplied, therefore, no marketing has been done this past year.

Growth/Expansion: Growing area, central location, and great brand name. Currently there is one trial but could easily add more.

Support/Training: Up to 3 months transitional assistance provided by Seller at negotiable terms.

Reason Selling: Seller has other business interests.