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Wheelchair Design And Manufacturing Company
Not Disclosed, MI
OAKLAND County
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| Asking Price: | Annual Revenue: |
| $219,000 | $238,092 |
Manufacturing: Beauty, Medical Products
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RE: Wheelchair Design And Manufacturing Company
Contact: Paul Trochakerian
License #: 6501426928
Owner Financing is Available!
Quick Facts
| Asking Price: | $219,000 | |
| Annual Revenue: | $238,092 | |
| Net Profit: | $61,123 | |
| Cash Flow: | $61,123 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $45,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1957 | |
| Employees: | 3 | |
| BBN Listing #: | 371528552 | |
| Broker Reference #: | 042721 |
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Business Overview:
Since 1957, this wheelchair manufacturer and designer prides itself with a stellar reputation for building specialized wheelchairs for those in need. Using only the best materials and welding methods, this company has been able to provide the mobility industry with a high quality and durable product that is unparalleled to any other brand. This manufacturer has the ability to take on custom orders for its clients with a quick turnaround time of less than six weeks and works with numerous dealers all across the country to ensure the final product is made available in a timely fashion.
The company has long standing relationships with mobility dealers and institutions across the country as well as smaller mom and pop distributors, schools, rehabilitation facilities and state-run operations. Business ships its products currently all across the United States and Canada.
Current owners’ involvement is 20-30 hours weekly and includes all administrative and customer service responsibilities. Additionally, dedicated full time fabricator and part time assembly employee is in place. The sale includes all equipment and inventory necessary for operations.
This opportunity is ideal for an individual investor or strategic acquirer looking to gain market share.
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Property Features and Assets:
The shop operates out of a spacious 2,200 square feet warehouse in a private industrial area of Southeast Michigan that is close to multiple major highways. The current three-year lease began in March 2020, with a rate of $1,300 a month plus taxes.
Market Competition and Expansion:
The business gets the clientele mainly through the word of mouth, no formal marketing campaign in place. Attending trade shows and utilizing modern marketing methods can substantially grow this business.
Reason for Selling:
Other Business Obligations.
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
Documents:
Relevant Links:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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