MergerPlace

Scientific Testing w/RE "SALE PENDING"

Rhode Island


  • Asking Price: $1,550,000
  • Gross Income: $1,465,027
  • Cash Flow: $506,794
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #205274
  • Established: Not Disclosed
  • Employees:

Business Description

Summary Description:

The company is certified and registered for microbiological, biological and ethylene oxide residual testing for the medical device industry, and is a member of several national associations for microbiology, pharmaceuticals and medical devices.

The ISO certified company brings a wealth of experience to global clients.

All technical staff are degreed scientists who receive annual training and proficiency qualification in their areas of responsibility.

The business and real estate are available for sale as a package.

Facilities:

The laboratory is located in an over 4,500 square foot, refurbished and upgraded facility in RI.

The company invested significantly in the facility upgrading the building, utility systems and equipment.

The building includes cubicle and meeting spaces, work stations and high-technology testing equipment for medical devices and medical facilities.


Growth/Opportunity:

As there continues to be growth in educational institutions, medical facilities and medical device products, demand for the companies testing and cleaning services continues to grow.

With an expanded investment in selling, marketing and advertising the company's services around the world, continued sales growth can be accomplished.

Continued investment in new testing and clean room equipment technology will enhance and expand the company's current and future service offerings.

Support: As needed for a smooth transition.

Reason Selling: Retirement


Contact Information
Contact: Adam J. Bradshaw
Phone: 508-990-9800
Email: a.bradshaw@nerycorp.com


Business Details

Primary Business Category: Manufacturing - Medical Devices
Location: Rhode Island

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $1,550,000
Gross Revenue: $1,465,027
Cash Flow: $506,794
Seller Financing Available: No

Contact Business Seller

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Business Listed By:

Adam Bradshaw

The Nery Corporation