Distributor Of Chemicals And Laboratory Supplies And Equipment For Sale

Business description

This $14M distributor of chemicals, laboratory supplies and equipment has worked directly with the scientific community to provide their customers with quality products at competitive pricing for more than 30 years. Their product categories include: chemicals, plasticware, glassware, equipment, gloves, disposable clothing, and safety products. The markets that this company serves includes: pharmaceutical, education, and healthcare, to name a few.

This company has developed a strategic partnership with a leader in a key market that they serve. This contract provides a platform for futher expansion in the industry's production and research and development.

Growth in sales in their areas of expertise has exceeded that of traditional company's product sales in recent years. The major players in this market are eyeing a sector of their business as a driver for their own growth. This company is in a strong position to capitalize on the growth of this segment of their business based on their experience and knowledge in this marketplace.

Property information

Real Estate:

Lease

Premises details:

The company currently leases a 13,000 sq/ft warehouse and a 1,000 sq/ft office

Other information

Expansion potential:

This regional company has only "scratched the surface" of the market potential. Industry penetration as well as geographic expansion will provide a compelling opportunity for continued growth.

Competition / Market:

The industry is highly fragmented. However, customers that use laboratory supplies and chemicals want to reduce the number of suppliers thereby improving efficiences. This has resulted in an increased role for this distributor who not only can represent multiple product lines but can also offer independent and creative solutions that incorporate products from multiple vendors and sources.

Support & training:

One of the owners is interested in remaining with the company for approximately two to three years, post-sale to ensure a successful transition of the business.

Trading hours:

9am - 5 pm - Monday - Friday

Owner financing:

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

Furniture / Fixtures value:

$163,000 (included in the asking price)

Inventory / Stock value:

$645,406 (included in the asking price)