Listing ID: 80492
Business Overview
This is an excellent opportunity for the right buyer! It will be easy to learn for someone with the basic business acumen and survey buyer.
The company has 60 years combined experience in environmental monitoring and related markets, with a focus on all applications of aerosol particle measurement. They provide equipment to users for the sampling and analysis of gases needing environmental monitoring instrumentation for research institutions, universities, and government agencies; as well as environmental, pharmaceutical, and industrial hygiene companies – among others.
There are two owners, (one semi-retired and ready to exit)that will train a new owner and the other partner would like to stay on in a sales capacity as long as needed.
The company provides turnkey solutions through quality instruments that are backed with customer service and product support. They also have a global network of experienced sales and service engineers who provide quick responses support around the world.
There is a complete range of high-quality instruments including reliable environmental monitoring instrumentation: Monitoring, particle counters, lab equipment, air sampling, and line of filtration products such as;
Particle measurement impactors for viable and non-viable applications
Consumables for laboratory workflow solutions
Sampling technologies and equipment manufacturers
Air toxins and stack emissions testing instruments that comply with U.S. EPA
Plus more…
One of the main sales channels is attending conventions where the owners just take orders. Covid 19 has caused a trailing down of revenue due to that fact. This will return quickly as things normalize.
Note: As revenue increase to pre-Covid the price of this business will increase.
Call Gary Brown 678-570-3773 or email; gbrown@oxfordhighland.com
Financial
- Asking Price: $670,000
- Cash Flow: $180,000
- Gross Revenue: $900,000
- EBITDA: $131,000
- FF&E: $10,000
- Inventory: $200,000
- Inventory Included: Yes
- Established: 2005
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
Working from home and requires a small storage area for stock. (Home Based)
Will be provided based on the needed training needed for buyer. The owners will also attend the conventions and make introductions to clients.
Retirement
Some and will be discussed in more detail.
The business could be expanded and modeled differently. The owners are at the age where they would pass the company on to someone that can expand the organization and take on more revenue.
This Business Is Home Based
Additional Info
The business was established in 2005, making the business 17 years old.
The transaction does include inventory valued at $200,000, which is included in the asking price.
Why is the Current Owner Selling The Business?
There are all kinds of reasons people resolve to sell operating businesses. Nonetheless, the genuine factor and the one they tell you may be 2 totally different things. For instance, they may say "I have too many various responsibilities" or "I am retiring". For many sellers, these reasons stand. But, for some, these might simply be reasons to attempt to hide the reality of changing demographics, increased competition, current decrease in earnings, or an array of various other reasons. This is why it is extremely vital that you not depend entirely on a seller's word, but instead, make use of the vendor's response along with your general due diligence. This will paint a much more sensible image of the business's present circumstance.
Existing Debts and Future Obligations
If the current company is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Many operating businesses borrow money so as to cover items such as inventory, payroll, accounts payable, etc. Remember that sometimes this can indicate that profit margins are too tight. Many businesses fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future commitments to consider. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that should be fulfilled or might cause charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the area attract brand-new consumers? Most times, operating businesses have repeat customers, which develop the core of their day-to-day profits. Specific elements such as new competition sprouting up around the area, roadway construction, and also personnel turn over can influence repeat consumers and negatively affect future revenues. One important point to think about is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more people that see the business on a regular basis, the better the possibility to construct a returning consumer base. A last idea is the basic location demographics. Is the business located in a largely populated city, or is it located on the edge of town? How might the local mean home income influence future earnings prospects?
