Businesses for Sale
Medical Devices & Products
$599,377 Profit; 2 new large revenue streams w/recent FDA approval !
McHenry County, Illinois, United States
Asking Price
$3.49m
Revenue
$1.34m
EBITDA
$599k
Cash Flow
$599k
Description
New 2 new Large Revenue streams coming on line w/recent FDA approval
MADE IN USA, in house, few competitors, inelastic demand, turnkey operation. Seller was a teacher when he purchased (Seller automated and only works part-time 20 HRS/WK, owned for 12 years, wife most in Florida-moving to Florida)
Medical device manufacturer; distributor of own proprietary medical products, very few competitors.
+DEAL=BANK APPROVED, by same banker- for 30 years
+79 year old business; Each Dept. overseen by Manager/In-charge; stable sales & profits
Customers- Pay, Credit Card-or-Net 30. $0 bad debt, $0 write offs. Medical industry=highly profitable buyers
+REAL ESTATE INCLUDED, 2.5 ACRES -room for expansion.
Make $357,653 after debt service? -see price justification page in CIM-
[$574K x 3]+[$1.3M appraised realty]+[$671K inventory]+[$243k equipment]=$3.9M
[$574k Earnings+ Realty+ Inventory]=$3.7M Clean earnings, FULL PRICE OFFERS
80+ % parts made in USA; tariffs would have very minimal effect.
Real Estate
$1.28m
Included in Asking Price
Building Size: 16000 sq. ft.
Furniture Fixtures & Equipment
$243k
Inventory
$671k
Included in Asking Price
Number of Employees
Full-Time: 14
Part-Time: 4
Year Established
1973
Reason Selling
Relocation
Facilities & Assets
Real Estate 2.5 acres, building 16,000 SF, house 1,800 SF. Real Estate appraised at $1.28M recently
Support & Training
30 days included, seller willing to stay on for extended period of time
Market & Competition
Growing
Growth Opportunities
Growing
Financing Options
Seller financing is available.
Seller will accept up to 15% of price in a seller note, w/1 time/yr annual payment
Request more information
Please fill out the form below to learn more about this listing.
Listing ID ⬇
2344916
Copy and Paste This
