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Businesses For Sale > Business For Sale in Southwest Florida, Florida (FL)

Testing Laboratory with Seller Financing for sale in Southwest Florida, FL

Southwest Florida, Florida (FL)

Asking Price: Gross: Cash Flow:
$ 1,000,000 $ 1,045,379 $ -58,880

Furniture and Fixtures Value:
$ 1,700,000 (included in the asking price)

Inventory Value:
$ 5,000 (included in the asking price)

Business Summary:
TESTING LABORATORY. Established 27 years. Recurring base of industrial, medical, military and aerospace customers. A2LA accredited to ISO 17025 standards. Recognized industry leader in the areas of Chemical Testing, Mechanical Testing and Non-Destructive Testing. Equipment assets included are EXTENSIVE, supporting a wide variety of testing and providing excess capacity for growth. Major gov. contract loss in 2016 and major health issues of the CEO caused a trickle effect that is now turning around. May qualify for visa. Seller financing.

 
   
Year Business was Established: 1992
   
Number of Employees: 10FT  
   
Facilities / Terms of Lease: Lease/Month: $15,094. Square Footage: 15,602. Building Type: Commercial. Terms & Options: Negotiable. Expiration Date: 9/30/2020. Leasehold: $500,000  
   
Owner willing to finance: Seller Loan: $200,000. Mos: 12. Rate: 6%. Mo Pmt: $17,213.29  
   
Owner willing to train: Seller will train buyer for four weeks at no cost to buyer  
   
Reason for selling: Retirement  
   
Seller Reference Number: 170-08342
BusinessMart.com Listing Number: 216429