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Unique Supplier of Analytic & Laboratory Equipment

Toronto, ON (Relocatable)

Seller Financing Available
Unique Supplier of Analytic & Laboratory Equipment
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Asking Price: $1,000,000

Cash Flow: $370,000

Gross Revenue: $800,000

EBITDA: $320,000

FF&E: $2,000

Inventory: $33,000

Rent: $2,000 /Month

Established: 1998

Unique Supplier of Analytic & Laboratory Equipment

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Business Description

This rapidly growing distributor of sophisticated scientific equipment is for sale. After 25 years of strong profitability, the owner would like to retire and pass along this highly successful enterprise to a driven individual with the ability and vision to capitalize on some major new opportunities for expansion. Recent changes in Canadian Law with regards to cannabis has resulted in major new channels for the sale of testing equipment. This has resulted in a steep increase in sales since last year. The company staff includes highly trained service personnel who perform refurbishment of used apparatus. The company has a large diverse customer base including educational institutions, healthcare centres, government departments and others including many in the U..S. Annual revenues will soon exceed $1 million, margins are high and the bottom line is strong.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Full Inventory A/R included Fully developed Customer list
Competition:
There are only a handful of suppliers in this field and this results in high margins.
Growth & Expansion:
Sales in recent years have risen dramatically recently due to legislative changes and will continue to strengthen.
Financing:
To be discussed
Support & Training:
As required
Reason for Selling:
Retirement
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Business Listed By:
Norm Sobel

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