Clinical Medical Trials Co. Great Niche. 20+ Yrs

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Background

BizEx ID:BizEx1315-EM
General Location:So Cal, CA
Category: Health, Medical & Dental
Business Services (B2B)
Years in Business:21
Under Present Owner:21
Hours of Operation:7:00 am - 6:00 pm
Owner Hours:8:00 am - 5:00 pm
Training:8 weeks @ 30 hours
Organization Type:C-Corp
Lease Expiration:2024
Lease Options:Yes
Building Size:11,000
Employees:15
Reason for Sale:Retirement

Financials

Asking Price:$6,000,000
Down Payment:$6,000,000
Gross Sales:$2,600,000
Discretionary Cash Flow:$500,000
FF&E:TBD
Inventory Included?Yes
Inventory:TBD
Min. Operating Capital:TBD
Real Estate Available?No
Rent:$33,770
Payroll:$106,874




Eric Mellem
Business Broker/ M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802




Dan Higgins
Marketing Consultant License #02114580
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 166
Direct: (714) 719-1809
Lic#: 02114580

OFF MARKET

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations