Retail - Miscellaneous Retail | Services - Miscellaneous Repair

Asking Price	$157,000	Inventory	$11,000*
Gross Income	Not Disclosed	Real Estate
Cash Flow	$59,000	Year Established	10+
FF&E	$40,000*	Employees	2 Full time

* included in the asking price

** not included in the asking price

Distribution business with retail and internet sales of laboratory equipment and supplies. Business was established many years ago primarily to repair and calibrate lab equipment for businesses, laboratories, students, schools and hobbyists interested in science. Calibration and repair of instruments such as balance scales and microscopes make up about 40% of net income and revenues have remained constant over past years. Sales of new equipment and supplies have steadily increased since several new lines of have been added. In 2007 the owner moved the business to a new metro location to improve company visibility, provide better customer access and to expand sales. Customers represent a wide range of industries that include agricultural, medical, research institutions and everyday needs. Many universities also procure goods and services. Internet sales are a small part of the business but continue to grow. Owner believes there is tremendous growth potential as business is up about 50% over last year. A good salesperson willing to contact potential customers could continue to increase sales. Some technical knowledge is helpful but not essential since manufactures have experts available.

Facilities: Business leases 2684 square feet at $5.25/ft plus CAM. The lease is assumable and expires 10/10. There is a 3 year option at $5.40/ft. About 2000 sq/ft is used for warehouse/shop activities and the balance is office. CAM charges are variable but total 28% of all building expenses.

Competition: Some competition but market potential is tremendous. Sales in 2008 are up 50% over 2007 and business continues to be profitable.

Growth/Expansion: All sectors of the business are capable of continued growth. Internet and retail sales are growing and distribution of current OEM lines could easily be doubled according to the owner.

Financing: Possible, depending upon buyer qualifications & down payment

Support/Training: Seller will assist to provide an orderly transistion following sale.

Reason Selling: Health issues