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Contract Research Organization For Sale
Location Spain
Asking Price Range $2.5M - $5.0M
Gross Revenues $700000
Net Profit / Cash Flow $200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 6 - 9
Inventory $350000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Will provide appropriate support and training.
Reason for Sale Pursue other opportunities.
Description Our client is a pre-clinical Contract Research Organization based in South East Spain. They provide a wide range of studies including toxicological and animal model studies to pharmaceutical and cosmetic industries. Moreover, for cosmetic industries, they have developed non-animal testing models. Their facilities include pharmacology labs for in vivo and in vitro studies, toxicology laboratories, animal housing facilities, cell-culture laboratories, and labs for histopathology, biochemistry and clinical chemistry (hematology, serum chemistry, enzymes, urine analysis, etc).
The facility has state of the art infrastructure for keeping clear air flow and humidity control and also for animal housing and feeding areas and operates according to GLP and is accredited by the National Health Authorities under GLP regulations for carrying out toxicology and pharmacology studies.
Lab Highlights
- Assets - Build out, fixtures and Furniture (including acclimatization plant) - 2.5 million Euros
- Real Estate - 5,000 square meters (1.2 acres) of plot. Lab Building - 425 sq meters (4,250 sq feet); administrative building - 225 sq meters (2,250 sq feet). Real estate included in asking price. Valued at 500,000 euros.
- Staff - 7 full time (including 1 Ph.D. and 1 MBA), 2 contractors (including an MD)
- Gross Revenues - 2011- 254,000 Euros, 2010 - 270,000 Euros
- Asking Price - Originally listed at 3 million Euros. NOW REDUCED TO 2.2 million Euros for a quick sale. (Sales a bit depressed in 2011 from projected but the company has loyal customers and good contracts. Customers have just postponed some spending in 2011.)
Contact for more information on this Contract Research Organization (CRO) for sale.
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