Medical Electronics Distributor
| Asking Price: | $4,000,000 | Inventory: | $588,368 ++ |
| Gross Revenue: | $6,042,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $1,003,000 | FF&E: | $50,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: New proprietry software just released (Apr/07) | |||
The Company sells, installs and services high quality electronic products to medical industry customers throughout North America, Canada and Europe. The Company owns exclusive distribution rights for some of its primary products. The products are key to the overall medical process. All the equipment sold by the company meets or exceeds the standards established by the medial industry. There are seven full time, well-trained employees capable of handling day-to-day operations, and three sales reps. strategically located throughout the US. The owner has 18 years of top management and sales experience in the industry and desires to stay with the company after the sale in a Sales management capacity. The Company recently released and began promoting two new products which should significantly increase sales and profit. With some capital assistance from new ownership, the company could grow at an even faster rate while maintaining above average net profit.
About the Business
Year Established:2002
Employees:7 full time -
Facilities:4,000 sq ft facility in North Denver in excellent condition.
Market Outlook and Competition:There is tremendous growth potential as the Company has exclusive distribution rights for several of its products that address the primary medical process. The medical industry is mandating change that will require the use of the electronics sold by the Company.
About the Sale
Reason For Selling:Capital required to realize growth potential.
Seller Financing:Cash or predominately cash at close
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