Seller's Contact Information
- RE: Medical Device Manufacturer & Equipment Rental
- Contact: Bobbi Coffey
Quick Facts
| Asking Price: | $4,000,000 | |
| Annual Revenue: | $3,853,548 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,200,265 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $900,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1992 | |
| Employees: | 25 | |
| BBN Listing #: | 943625 | |
| Broker Reference #: | 76931-482895 |
Business Overview:
This opportunity consists of two specialized medical equipment businesses. One focuses on the manufacturing of medical equipment, while the other provides rentals and services for medical equipment to skilled care medical facilities. Operating the two as a combined S-Corp, the business maintains separate financial files for internal reporting purposes. SBA pre-qualification is still pending. Buyers need minimum capital access of $1M between business and real estate. The founding owners established this business in 1992 and were the original developers of these specialized medical products and accessories. They spent the next couple of decades improving the quality of their product and further expanding to multiple product lines including bariatric beds, air mattresses and cushions. In addition to manufacturing their products under in-house names, they also produce specialized products under private labels that can be used in other industries beyond healthcare such as airlines. In the early 2000’s, the business expanded its footprint by offering its products to skilled care medical facilities through an as-needed rental system. Initially providing their own manufactured products, today they sell, rent and service equipment and supplies to surgical hospitals, long term care and rehabilitation facilities, nursing homes and hospices.
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Property Features and Assets:
Facilities: There is real estate available for $3.3M, which includes approximately 28,000 Square Feet manufacturing and warehouse space (of which about 18,000 Square Feet is climate controlled), 2,000 Square Feet office space and 2,500 Square Feet welding shop, for a total of about 32,000 Square Feet, all on a 7.9 acre parcel.
Monthly Rent: $10,000.00
Square Units (Foot, Meter): 32,000
Market Competition and Expansion:
Expansion: The potential growth opportunities in this business are substantial. The original owners sold because they did not have the time, energy or focus to pursue new customers. The existing ownership has focused on learning the product and business and improving efficiencies and is just evolving to the point of customer expansion. The seller believes that the right merchandising and marketing focus will result in customer acquisition and accelerated growth. Even the websites are testament to the opportunity for SEO and other optimization opportunities. The business has the product, and the facilities to grow and produce many times what it is currently doing, with some focus on sales, growth, and marketing.
Reason for Selling:
Relocation
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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