Hot Listing
$574,033 Profit, manufacturer-own-proprietary medical products
Business Description
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.
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.
About the Business
- Years in Operation
- 52
- Number of Employees
- 14
- Facilities & Assets
- Appraised real estate value=$1.28M, 2.5 acres with building and land.
16,000 SF + 1,800 rental house. - Website
- https://tangentbrokerage.com/search/?listingId=cm8ceb9wm0000jo0cu56lulqu
- Market Outlook / Competition
- Few competitors, medical industry product,
- Opportunities for Growth
- Attend more medical trade shows
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 17,800
About the Sale
- Seller Motivation
- Relocating to Florida
- Transition Support
- 30 days training included, seller willing to stay on for extended period of time
Listing Info
- ID
- 2344916
- Listing Views
- 4471
Listing ID: 2344916 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleIllinois Businesses for SaleIllinois Manufacturing Businesses for SaleIllinois Medical Device Manufacturing Businesses for Sale
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