Owners Retiring - Relocatable Medical Device Mfg

Not Disclosed, TX
Hood County


Asking Price: Annual Revenue:
$1,200,000 $855,383

Services: Medical, Dental


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RE: Owners Retiring - Relocatable Medical Device Mfg Broker: Ginger Adams

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $855,383
Net Profit: Not Disclosed
Cash Flow: $124,041
Total Debt: Not Disclosed
FF&E: $90,116
Real Estate: Not Disclosed
Year Established: 2003
Employees: 4
BBN Listing #: 375864075
Broker Reference #: 7262022-426522

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Business Overview:

Started in 2003, this established manufacturer of respiratory medical devices produces patented products as well as 200 related items which it distributes worldwide. The current owners are looking to retire. This is a great opportunity for a business to add to their existing product lines or a buyer who enjoys problem solving in the medical field.

This business participates in pharmaceutical industry studies and the research and development of new products in conjunction with well-known industry leaders. The business purchase also includes the completed R&D for its next new product. Building on a strong market share, easy growth potential could include adding sales force and online sales to its website. Assets include $413,000 of inventory. The business currently leases 6,000 sf of office space and 2 warehouse spaces totaling 30,000 sf, and is independent of its local area. With only 6 employees and 2 nearby locations, it operates virtually and can be relocated.

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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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