Business Overview:
This is a profitable medical device business for sale with two complimentary divisions: a manufacturer of medical device and medical instruments, and a distributor of medical lasers and dental lasers. The medical device and medical instrument manufacturing division manufactures high quality, technologically advanced medical device and medical instruments that include video and digital camera adaptors for surgical microscopes, endoscopes and ophthalmic slit lamps, medical video cameras and monitors, suction/irrigation cannulas and electrodes for minimally invasive surgery. This innovative business for sale holds several patents and trademarks, has two additional patents pending and boasts a strong medical device and medical instrument product pipeline.
In addition, a second division is the exclusive distributor of a line of medical devices including medical lasers and dental lasers to the U.S, Canadian and Puerto Rican markets. This division also has a rich medical device product pipeline, with several medical devices awaiting official launch.
In FYE 6/30/11, total medical device and medical instrument sales were derived from medical laser products (44 percent of revenue), video and digital adaptors (35 percent), video cameras (9 percent), endoscope adaptors (1 percent), suction/irrigation cannulas and electrodes (4 percent) and other miscellaneous medical instruments (7 percent).
This business was recently approved as a GSA vendor, which will enable marketing of the companies medical devices, medical lasers and medical instruments to an entirely new customer market including government and military hospitals, clinics and research facilities. Additionally, several recently secured medical device manufacturing and distribution partnership agreements will result in the addition of many new medical devices and medical instruments to this business for sale’s product portfolio.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Two suites totaling 6,500 sq. ft. of office and warehouse space. The largest suite, comprised of 5,100 sq. ft., is owned by the shareholder and leased to the Company at an adjusted fair market rate.
Market Competition and Expansion:
This business for sale successfully competes as a medical devices manufacturer and medical laser distributor with many of the industry’s largest medical device manufacturers by consistently providing the highest quality medical device products that deliver superior results and are backed by unmatched customer service—all with better pricing structure.
This medical device manufacturing business for sale was approved as a GSA vendor in March 2012. This new medical device customer market, along with several recently signed manufacturing and distributor partnership agreements, position this medical device manufacturing business for sale for significant growth going forward.
A recent report by the American Academy of Facial Plastic and Reconstructive Surgery (AAFPRS) announced a 45 percent increase in procedures performed by Academy surgeons since 2008. This business for sale is well positioned to capitalize on this explosive market expansion.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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