Leading Manufacturer of Electric Cryotherapy Systems
Business Description
Description:
The Company is a leading manufacturer of ultra-low temperature electric cryotherapy systems with nearly a decade of industry experience. Renowned for its state-of-the-art electric cryotherapy solutions, the Company’s innovative products and services are recognized for their quality, reliability, and cutting-edge technology, establishing it as a trusted name in the cryotherapy industry.
Key Aspects:
• Consistent Financial Growth: From 2021 to the trailing twelve months (TTM) ending June 30, 2024, the Company's revenue grew at a compound annual growth rate (CAGR) of 5.6%, excluding one-time income.
• Industry Leadership: Established as a leader in the cryotherapy industry, the Company leverages over a decade of specialized experience in ultra-low temperature systems and cryotherapy chambers.
• Diverse Revenue Streams: Revenue is generated through multiple channels, including the sale, installation, and servicing of cryotherapy chambers, all supported by long-term, exclusive contracts with key clients.
• Recurring Revenue Model: Benefiting from service contracts, extended warranties, and maintenance agreements, the Company ensures financial stability and strong customer retention.
• Award-Winning Growth: Recognized as one of the Inc. 5000 fastest-growing private companies for three consecutive years, most recently in 2023, highlighting its consistent growth and market success.
Opportunities:
• Expanding Geographic Reach: Positioned to grow its market presence internationally, the Company aims to build on its U.S. success and drive further revenue growth through strategic geographic expansion.
• Launching New Product Lines: The Company is developing a new cryotherapy chamber and a separate prototype, both designed to target broader markets with easier, more cost-effective installations. Additionally, the Company is expanding its product lineup with a white-labeled add-on cryo machine, strategically avoiding in-house manufacturing to reduce costs while enhancing its market offerings.
• Strengthening Strategic Partnerships: Leveraging relationships with influential distributors and industry leaders will support market penetration and drive sales growth in targeted regions, according to management.
• Scaling Service Capabilities: Proprietary service software offers an opportunity to scale service efficiency, providing a robust support network for customers across multiple time zones.
• Expanding Recurring Revenue: Growing the recurring revenue model through increased adoption of extended warranties and service subscriptions will offer a reliable income stream and enhance customer loyalty.
Headquartered:
• Western U.S.
Current Markets:
• The Company operates primarily as a business-to-business enterprise, providing state-of-the-art cryotherapy systems for recovery and wellness, with a strong presence in the United States serving the wellness and rehabilitation industries.
Real Estate:
• The Company operates from a single facility that includes both a manufacturing warehouse and an office, totaling 15,000 square feet, leased from an unrelated third party.
Shareholder Ownership:
• The Company is equally owned by two shareholders. One shareholder is open to stepping down or becoming a consultant under the right terms, while the other is flexible, willing to either remain long-term or assist with a transitional period following a sale. The owners are seeking a sale to facilitate global expansion, capitalize on synergies, and ensure a smooth transition for new ownership.
The Company is a leading manufacturer of ultra-low temperature electric cryotherapy systems with nearly a decade of industry experience. Renowned for its state-of-the-art electric cryotherapy solutions, the Company’s innovative products and services are recognized for their quality, reliability, and cutting-edge technology, establishing it as a trusted name in the cryotherapy industry.
Key Aspects:
• Consistent Financial Growth: From 2021 to the trailing twelve months (TTM) ending June 30, 2024, the Company's revenue grew at a compound annual growth rate (CAGR) of 5.6%, excluding one-time income.
• Industry Leadership: Established as a leader in the cryotherapy industry, the Company leverages over a decade of specialized experience in ultra-low temperature systems and cryotherapy chambers.
• Diverse Revenue Streams: Revenue is generated through multiple channels, including the sale, installation, and servicing of cryotherapy chambers, all supported by long-term, exclusive contracts with key clients.
• Recurring Revenue Model: Benefiting from service contracts, extended warranties, and maintenance agreements, the Company ensures financial stability and strong customer retention.
• Award-Winning Growth: Recognized as one of the Inc. 5000 fastest-growing private companies for three consecutive years, most recently in 2023, highlighting its consistent growth and market success.
Opportunities:
• Expanding Geographic Reach: Positioned to grow its market presence internationally, the Company aims to build on its U.S. success and drive further revenue growth through strategic geographic expansion.
• Launching New Product Lines: The Company is developing a new cryotherapy chamber and a separate prototype, both designed to target broader markets with easier, more cost-effective installations. Additionally, the Company is expanding its product lineup with a white-labeled add-on cryo machine, strategically avoiding in-house manufacturing to reduce costs while enhancing its market offerings.
• Strengthening Strategic Partnerships: Leveraging relationships with influential distributors and industry leaders will support market penetration and drive sales growth in targeted regions, according to management.
• Scaling Service Capabilities: Proprietary service software offers an opportunity to scale service efficiency, providing a robust support network for customers across multiple time zones.
• Expanding Recurring Revenue: Growing the recurring revenue model through increased adoption of extended warranties and service subscriptions will offer a reliable income stream and enhance customer loyalty.
Headquartered:
• Western U.S.
Current Markets:
• The Company operates primarily as a business-to-business enterprise, providing state-of-the-art cryotherapy systems for recovery and wellness, with a strong presence in the United States serving the wellness and rehabilitation industries.
Real Estate:
• The Company operates from a single facility that includes both a manufacturing warehouse and an office, totaling 15,000 square feet, leased from an unrelated third party.
Shareholder Ownership:
• The Company is equally owned by two shareholders. One shareholder is open to stepping down or becoming a consultant under the right terms, while the other is flexible, willing to either remain long-term or assist with a transitional period following a sale. The owners are seeking a sale to facilitate global expansion, capitalize on synergies, and ensure a smooth transition for new ownership.
Listing Info
- ID
- 2298045
- Listing Views
- 421
Attached DocumentsAttachment Disclaimer
Teaser_d1_BN000059445_Leading_Manufacturer_of_Electric_Cryotherapy_Systems.pdf
Listing ID: 2298045 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.


