Asking Price: $1,258,000 (Includes real estate valued at $308,000.

Gross Sales: $1.2 M

FF&E: $1M (Estimated Replacement Value - Highly-specialized and unique Testing & Laboratory Equipment, along with all Fixtures; Workstations, and Miscellaneous Accessories & Tools included in the asking price.)

Seller’s Discretionary Earnings: $284,282 (4 year average)

Summary: This company provides sophisticated, state-of-the-art materials testing services specializing in compositional and trace analysis of metals, alloys and other materials. In business for over fifty years, they have worked with companies throughout the United States and Europe to certify products through precise compositional measurements and have become a world-recognized leader in their industry. This well-managed and documented laboratory is now being offered for sale due to ownership retirement considerations.

The current skilled laboratory staff is fully capable of maintaining the testing technology and procedures. New sales are mostly through customer referrals and the recently updated internet web site. The addition of sales staff could further spur sales as there is currently no one in an active sales and marketing role. A qualified business manager with experience in the chemistry or metallurgy field would be a good fit for this opportunity.

Facility: Operations are located in a rural facility that has been very well maintained and is owned by the company.

Opportunities: An entrepreneur or business manager with strong sales and marketing capability can take advantage of this opportunity and grow sales by promoting the business and developing greater awareness of their services with both current and potential customers.

Furniture, Fixtures and Equipment: Included in the asking price is a full complement of testing equipment and ancillary accessories. Much of the equipment and proprietary process procedures are unique and virtually irreplaceable. The laboratory equipment is currently insured for its estimated replacement value of $1 million.

Additional: The ownership will be available to transition the business and customer relationships as required.