132
Price : $3,500,000
Status : ACTIVE

This is a well established company that supplies laboratory equipment to the oil extraction market, with top of the line machinery this “one-stop-shop” business grossed over $4mil in 2018. The business is located in Los Angeles County but servers customers all over California and other states. With 15 years of experience hands-on experts they provide personalized service to all of their customers. Working closely with industry leaders, they are proud to sell the best laboratory equipment on the market today. Seller looking to retire after 15 years in the business. There is great opportunity to expand with more sales activity using the excellent reputation they have built.

In addition to supplying laboratory equipment for the oil extraction market they also provide freezers, refrigerators, industrial furnaces, ovens to the medical/scientific laboratories and research and development centers. Being in the laboratory equipment supply, distribution business for over 15 years, has provided the company with a unique opportunity to transfer that knowledge and expertise over to the emerging cannabis market. Seller is willing to provide a total of 6 months training for the new operator to make sure they understand the business model and to establish the relationship with the current clients. 

Revenues:

  • 2017- 2.85mil
  • 2018- 4.1mil
  • Jan 2019 – $649k

Real Estate:

  • Lot Area: 6,500
  • Building Space: 3,500 sqft

Two Options for the Real Estate

  • Option A Purchase- 1.2mil (On top of Asking Price)
  • Option B Rent- $1.25/sqft (Open to a long term lease)

Recap:

  • Wholesale Inventory: $100,000.00
  • Employees: 4
  • All equipment including including Forklift are included in the sale.
  • Reason for Selling: Retiring
  • Training: Seller will provide 6 months of training for the new operator

Asking Price: $3,500,000.00

If you have any questions, please call/text @ 818-806-8245

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