DescriptionMADE 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.
Facilities & AssetsReal Estate 2.5 acres, building 16,000 SF, house 1,800 SF. Real Estate appraised at $1.28M recently