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Unique Supplier Of Analytic And Laboratory Equipment For Sale

Greater Toronto Area, Ontario
Asking Price:
$1,000,000 (CAD) Inventory / Stock included
Sales Revenue:
$800,000 (CAD)
Cash Flow:
$370,000 (CAD)

This rapidly growing distributor of sophisticated scientific equipment is for sale. After 25 years of strong profitability, the owner would like to retire and pass along this highly successful enterprise to a driven individual with the ability and vision to capitalize on some major new opportunities for expansion. Recent changes in Canadian Law with regards to cannabis has resulted in major new channels for the sale of testing equipment. This has resulted in a steep increase in sales since last year. The company staff includes highly trained service personnel who perform refurbishment of used apparatus. The company has a large diverse customer base including educational institutions, healthcare centres, government departments and others including many in the U..S. Annual revenues will soon exceed $1 million, margins are high and the bottom line is strong.

Property Information

Real Estate:

Lease

Leasehold Rent:

$24,000 (CAD) per annum

Location:

Industrial park - east GTA

Premises Details:

Multi-tenant building

Business Operation

Expansion Potential:

Sales in recent years have risen dramatically recently due to legislative changes and will continue to strengthen.

Competition / Market:

There are only a handful of suppliers in this field and this results in high margins.

Reasons for selling:

Retirement

Trading hours:

normal business hours

Employees:
5
Years established:
20

Other Information

Support & training:

As required

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

To be negotiated

Furniture / Fixtures value:
$2,000 (CAD)
Inventory / Stock value:
$32,000 (CAD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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