Relocatable Medical Device Mfg for Sale

Hood County, TX

Seller Financing Available

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Asking Price:$625,000
Gross Revenue:$916,726
Rent:$2,850
Established Year:2003
Cash Flow:$16,138
Inventory:$267,833
FF&E:$40,000
BUSINESS DESCRIPTION

Medical Device Mfg

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.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
6,000
Lease Expiration
30/01/2025
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities: Office and 2 warehouses FF&E Overview: Office Equipment, Warehouse equipment and supplies FF&E General Condition: Good
Financing
Owner Financing Amount $300,000.00 Owner Financing Interest 8% Owner Financing Terms
Support & Training
Number of Weeks Seller Will Offer Training: 8
Reason for Selling
Retirement
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Ginger
Adams
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Ginger Adams