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- RE: Precision. Reliability. 32 Years Trusted Testing
- Contact: Vince Liuzzi
Quick Facts
Asking Price: | $700,000 | |
Annual Revenue: | $612,258 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $435,065 | |
Total Debt: | Not Disclosed | |
FF&E: | $176,642 | |
Real Estate: | Not Disclosed | |
Year Established: | 1993 | |
Employees: | 3 | |
BBN Listing #: | 986022 | |
Broker Reference #: | 022822-509756 |
Business Overview:
The real estate associated with this business sale is represented by Russell Real Estate Services, a licensed real estate brokerage in the state of Ohio.
Are you looking for a lucrative business opportunity in Ohio, United States? Look no further than this established testing laboratory, founded over 32 years ago and recognized as a trusted provider of precision testing and analysis services across various industries.
With a stellar reputation for accuracy, reliability, and professionalism, this business has fostered long-lasting customer relationships and sustained growth over the years. Its skilled team and commitment to excellence have solidified its position as a leader in the industry, offering essential testing solutions that support innovation, quality assurance, and regulatory compliance.
For a new owner, the potential for growth and expansion is boundless. With a strong foundation of expertise, loyal clients, and operational efficiency, there are numerous opportunities to take this business to new heights:
- **Diversification of Services:** Expand the range of testing solutions offered to attract new clients and enter untapped markets.
- **Technology and Automation:** Enhance efficiency and service offerings by investing in modern testing equipment and automation.
- **Geographic Expansion:** Reach new markets by establishing satellite locations or offering mobile/on-site testing services.
- **Digital Marketing & Branding:** Increase visibility and drive new business through a stronger online presence and targeted digital marketing campaigns.
- **Strategic Partnerships & Certifications:** Create new revenue streams by aligning with industry leaders, obtaining additional certifications, and securing contracts with larger corporations or government agencies.
With its strong reputation, experienced team, and well-established operational structure, this business is poised for significant growth under a strategic new owner who can capitalize on these opportunities.
Don't miss out on this exciting chance to acquire a thriving business with a proven track record and endless potential for expansion. Seize the opportunity now and take this established testing laboratory to new heights of success!
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Property Features and Assets:
Founded over 32 years ago, this testing laboratory has established itself as a trusted provider of precision testing and analysis services. Since its inception, the company has served a diverse range of industries, ensuring compliance, safety, and quality in engineering, manufacturing, and research applications.
Over the years, the business has evolved alongside advancements in testing methodologies and industry standards, continuously refining its capabilities to meet the needs of its clients. Its reputation for accuracy, reliability, and professionalism has contributed to long-standing customer relationships and steady growth.
With a skilled team and a commitment to excellence, the company has maintained a strong presence in the industry, offering essential testing solutions that support innovation, quality assurance, and regulatory compliance.
Market Competition and Expansion:
This established testing laboratory presents significant growth opportunities for a new owner looking to expand its reach and capabilities. With over 32 years of industry experience, the business has built a solid foundation of expertise, client relationships, and operational efficiency.
Key areas for expansion include:
• Diversification of Services – By broadening the range of testing solutions offered, such as specialized compliance testing, environmental analysis, or advanced material testing, the business can attract new clients and enter untapped markets.
• Technology and Automation – Investing in modern testing equipment and automation can increase efficiency, improve accuracy, and enhance service offerings, making the business more competitive.
• Geographic Expansion – Establishing satellite locations or offering mobile/on-site testing services can extend the business’s reach beyond its current market.
• Digital Marketing & Branding – A stronger online presence, search engine optimization (SEO), and targeted digital marketing campaigns can drive new business and increase visibility.
• Strategic Partnerships & Certifications – Aligning with industry leaders, obtaining additional certifications, and securing contracts with larger corporations or government agencies can create new revenue streams.
With a solid reputation, an experienced team, and a well-established operational structure, this business is well-positioned for growth under a strategic new owner who can leverage these opportunities.
This testing laboratory operates in a specialized segment of the Engineering, Accounting, Research, and Management Services sector, where precision, reliability, and industry expertise are critical competitive factors. The business has built a strong reputation over its 32-year history, positioning itself as a trusted provider of testing and analysis services.
Competitive Advantages:
• Established Reputation & Experience – With over three decades of service, the business has developed long-standing relationships with clients who rely on its expertise and consistency.
• Specialized Service Offerings – Its focus on precision testing and compliance services provides a niche advantage over generalist competitors.
• Skilled Workforce – A team of experienced professionals ensures high-quality testing results and customer satisfaction.
• Operational Efficiency – As a streamlined, single-location operation, the business benefits from lower overhead compared to larger competitors with multiple facilities.
Market Competition:
The testing laboratory industry includes a mix of large, national firms, regional competitors, and specialized niche providers. Larger firms may have broader resources and brand recognition, while smaller or specialized labs often compete on flexibility, customer service, and industry-specific expertise. The ability to offer tailored testing solutions and maintain strong client relationships provides this business with a competitive edge against both larger and smaller rivals.
By leveraging its experience, reputation, and service quality, the business remains well-positioned within the market while offering opportunities for expansion and differentiation.
Reason for Selling:
retirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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