Tupelo Data Room
Medical Devices & Products
Active

$539,384 Profit; 2 new large revenue streams w/recent FDA approval !

McHenry County, Illinois, United States
listing image
Asking Price$2.40m
Revenue$1.34m
EBITDA$422k
Cash Flow$539k
Description
Bottom line price $2.4M (includes $100,000 working capital, $300,000 Seller note -no pmts until 4/1/2029) 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. **New** 2 new Large Revenue streams coming on line w/recent FDA approval
Real Estate
$1.28mIncluded in Asking Price
Building Size: 16000 sq. ft.
Furniture Fixtures & Equipment
$243k
Inventory
$671kIncluded in Asking Price
Number of EmployeesFull-Time: 14Part-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
Related Categories
Medical Device Business for Sale
Business for Sale in Illinois
Asking Price$2.40m