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Upstate New York Business for Sale

Biotechnological / Nanotechnological Research Firm for Sale

Upstate, New York
This Company is a biotechnology research based business founded in 1998 with Administrative Headquarters in Central Texas and Laboratories in the Northeastern United States. The Company specializes in harnessing the extreme specificity and sensitivity of Biological Systems to design and build unique and useful nanoscale engineered devices and systems. Through their expertise in Micro and Nanofabrication Techniques, their work focuses upon the miniaturization of lab-scale diagnostic and analytical instrumentation. Principal funding for these research and development projects is provided by a number of research contracts from agencies including The Department of Defense, National Institutes of Health, the Environmental Protection Agency and NASA. The Company also enjoys a close collaborative relationship with a major University and many of its research groups. It also has strong relationships with Biotechnological and Nanomedical alliances providing the Company with access to a wide range of micro fabrication, molecular biology, and biochemistry materials, equipment and facilities.For more information about the Swetman Group go to www.theswetmangroup.com, e-mail us at Rswetman@austin.rr.com or call us at 512-535-5221.

Financials

Price: $2,238,000
Gross Income: $2,324,186
Cash Flow: $625,982
FFE: $306,510
Inventory: $5,000
Real Estate Value: $0
Source Data:

About the Business

Listing ID: #17222250
Year Established: 1998
Financing: 10% Seller Financing - $223,800
Training: Seller is willing to train and consult up to one year at a cost of 100K to 120K annually plus travel.
Facilities: 6000 Sq. Ft laboratory in an office building complex. The rent is $7,690 / month. The lab consists of 1 large lab with 4 smaller lab areas, a conference room, a private office, a break room and a reception area.
Competition: The company conducts biotechnological research with government funded SBIR program in the areas of cellular biology, molecular biology, molecular engineering and biochemistry services. It is one of the top five research firms in the SBIR Program in the Unites States.
Growth: There is a significant opportunity for growth commensurate with the commercialization of products, assays and technologies developed by this research organization.
Business Listed By
Name: Rick Swetman
Company: The Swetman Group
Phone: 512-535-5221

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The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

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