Medical Electronic Teaching Equipment
| Asking Price: | $3,400,000 | Inventory: | $175,000 ++ |
| Gross Revenue: | $2,000,000 | Real Estate: | $400,000 ++ |
| Cash Flow: | $800,000 | FF&E: | $240,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Medical Device Manufacturing
The company designs, develops, manufactures and markets medical electronic teaching equipment and is the market leader in its field. The product line is a wide range of digital sound simulators, electronic stethoscopes and telemedicine instrumentation with emphasis on heart and breath sounds. All systems come with teaching software in five languages and are used by a large majority of US medical schools, teaching hospitals, nursing schools and by major medical centers worldwide. In fact the list of customers read like the "who's who" of the medical industry. The company holds a quality ISO13485 certification and meets all US and European medical directives. All technical personnel are highly trained in their field with total commitment to offering the highest quality teaching simulator systems. The company owns it's facilities, a modern 4,400 sq ft masonry building in a high tech industrial development. The current facility is capable of increasing it's production levels considerably without a measurable increase of capital investment. Building and underlying real estate are included in the pruchase price. Also included in the purchase price are all patents and trademarks.
About the Business
Year Established:1980
Employees:10 full time -
Facilities:Modern 4,400 sq ft build in a very high tech industrial park
Market Outlook and Competition:Company is growing and with five new systems coming on line in the first months of 2010 the company should take a great jump forward. The new lines are going through clenical trials and are getting great response.
About the Sale
Management Training and Support:Owner will stay as needed
Reason For Selling:Owneer is 76 years old and ready to retire.
KEYWORDS: Medical Device Manufacturing, Health & Medical, Electric Equipment Manufacturing, Educational, Manufacturing
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