Manufacturing Business - Hearing Aid Device

Not Disclosed, MN
Hennepin County


Asking Price: Annual Revenue:
$300,000 $287,297

Manufacturing: Electronics & Technology


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RE: Manufacturing Business - Hearing Aid Device Broker: 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

Email or Print Listing

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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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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