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Laboratory Equipment Distributor
Laboratory equipment distributor headquartered in Houston selling to customers throughout the U.S. For the past 40 years this company has specialized in selling customized ventilation systems, lab equipment, and lab furniture for clean room pharmacies, hospitals, oil & gas labs, & government inspection agencies. Services include design and installation. This business is operated from the owner's home with no need to inventory equipment. They have a large list of existing customers who build out laboratories and/or buy new and replacement equipment. The company represents several major laboratory equipment manufactures who also provide referrals to their distributors. The owner is willing to train and seller finance.
Listed By: Jeffrey Jones
Background information
Reference:
82484
Year established:
2013
Reason selling:
Retirement
Finance
Sales:
$378,000
Profits:
$63,000
Profit type:
Discretionary Earnings
Operations
Employees:
Operated by owner
Equipment:
Computer & Supplies
Inventory:
None needed
Premises
Rent and lease terms:
Business can be operated from home.
Location:
Houston Metro Area
Price and terms
Price:
$175,000
Down payment:
$65,000
Financing:
$65,000 cash down and $110,000 Seller Note payable over 7 years at 6% interest = $1,606.94 P/M
Training:
As needed