Business For Sale. Product 26; Metal Testing Lab

TURNAROUND. Are you an operating Lab that wants to expand to CA or a skilled business manager and/or a chemist with entrepreneurial ideas3F; This turnaround Lab includes Equipment, Furniture, and Fixtures that has a new estimated cost of over 24;500,000. Selling price is negotiable, and down payment is negotiable for the right buyer. Testing equipment is set up to perform plating and other Metal finishing testing, NDT Solutions, Corrosion Testing, Physical Testing, Metallurgical Testing, Mechanical Testing, Test Coupons of Panels and Bars. The company is in the process of closing down, and has laid off the employees as of June, 2006, as several key accounts have left the company, and a key government approval was lost. Remaining accounts include Fortune 500 firms, plating firms, product making firms. To restart the firm you will need to obtain the proper licenses including EPA and others. Real Estate is for sale for 24;950,000 which is on 0.96 acres, and 7314 sq. ft building, seller would like to sell the business and the RE to one buyer at the same time, if possible. Seller will sell the business and lease you the property if that is your preferred approach. An outside tenant occupies 1125 sq. ft on a month to month lease and will leave and allow you to occupy all 7314 sq. ft of building if you so desire, currently the business and all the testing equipment occupies 5210 sq. ft. If the company is restarted under your strong leadership you may be able to bring back the Lab Operations Manager, Quality manager, Shipping Manager, and the Electro Plating Chemist as key employees - they may want to come back when the new owner restarts the company. For 2005 the company has sales of 24;723,000. This TURNAROUND opportunity would be great for a company with branches in other states wanting to expand to Southern CA. For More information call Lonnie L. Langdon at 310-539-8300 x 214.