Listing Number: 152089-426522
Description
Started in 2003, this established manufacturer of respiratory medical devices produces patented products as well as 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. Building on a strong market share, easy growth potential could include adding a sales force and online sales to its website. Assets include $268,000 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 5 employees and 2 nearby locations, the office operates separately from the warehouse and can be relocated.
Listing Details
- Price: $625,000
- Down Payment: $325,000
- Sellers Discretionary Earnings: $76,225
- Total Sales: $916,726
- Location: Hood County, Texas
- Inventory: $267,834
- FF&E: $40,000
- Employees: 5
- Year Established: 2003
- Reason for Selling: Retirement
- Category: Medical Related Biz
