Preclinical In Vitro Drug Contract Research
The Company is a contract research organization (CRO) with expertise in preclinical, in vitro drug discovery research for the biotech and pharmaceutical end markets in the Northeast, United States.
Key Aspects
· The Company's wide array of research services has helped secure repeat
customers through service expansion
· Annual recurring revenue averaged 60.3% of total revenue from 2020 through 2023
· The Company produced strong revenue and adjusted EBITDA growth
amounting to a CAGR of 21.8% and 61.8%, respectively, from 2020 through 2023
· The Company generated average adjusted EBITDA margin of 13.4%
from 2020 through 2023
· Financials as of 12/23
Opportunities
· Increase outbound sales and marketing efforts
· Expand customer base through service expansion from corporate partnerships
· Scale operations to utilize 100% of facility capacity
· Expand geographically to reach additional potential customers in underserved markets
Financials (USD)
Asking Price Not Disclosed
Cash Flow $315,000
Sales $2,426,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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