FDA Site Establishment with Listed Class 1 Medical Device for human use and bacterial culture plates for veterinary use.
Unique opportunity to own a Class 1 Medical Device with strong customer base. This business can be operated on it’s own or be folded into an existing lab.
The business offers an established human health diagnostic product as well as a line of veterinary diagnostic products where there is opportunity to increase sales by hiring a sales person, attending trade shows, etc. The current owner has a website but does not actively market the products.
Sellers are asking for $120,000 with $90,000 down and will finance the balance to well qualified Buyers.
Seller owned and operated business with higher margin products.
Seller is willing to ensure a smooth transition. For more information, contact Sunbelt Midwest or Peggy Demuse: 651-288-1627 email@example.com
Asking Price: $120,000 Gross Revenue: $82,361Cash Flow: $34,275 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,500 included in asking priceFF&E: $20,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Medical Products Company. Seller Financing. Relocatable.
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