Seller's Contact Information
- RE: Manufacturing Business - Hearing Aid Device
- Contact: Peggy Scheeler
Quick Facts
Asking Price: | $300,000 | |
Annual Revenue: | $287,297 | |
Net Profit: | $130,000 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | 3 | |
BBN Listing #: | 649240231 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Manufacturing company that has been established for 9 years. This company produces a high-quality product that is used in the hearing health care industry. This product is used by audiologists, researchers, and pediatric clinics around the world. The company has developed relationships with major distributors of audiometric equipment in the US and worldwide. The business has very high margins. In addition, the business sells replacement parts. The owner is retiring and has owned the company since 2013. His responsibilities are sales/marketing, shipping, bookkeeping, and purchasing the inventory. The Seller has been marketing and promoting his product in Europe in the past few months and has orders coming in. Seller is willing to work with a new owner after the business is sold to insure a smooth transition. Hours of operation are 8:00a.m. – 5:00p.m. Monday – Friday.
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Reason for Selling:
Retirement
Additional 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
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