Medical Device Retail

Location: United States -> California -> Southern California – All Southern California
Industry: Health and Medical > Medical Devices

Businesses for sale Summary

The company dispenses medical devices from 10 locations in California and Nevada. Their aggressive marketing, competitive pricing, high quality factory made products, and the highest standards of customer service and follow up care have enabled them to increase market share and generate high profit margins, while keeping marketing expenses and capital expenditures low. The company staff is mature and all necessary infrastructure is in place to double sales and profits in the next year. The owner of the company need only oversee cash flow and instruct employees on priority of tasks at hand. The business is turn key in that there are several employees cross trained to handle the responsibilities of the business and the owner need only spend approximately 10-20 hours per week supervising the various aspects of the business. Asking price is $2,100,000 and for a qualified buyer, seller financing is negotiable.

Financials

Asking Price Range:  $1.0M – $2.5M
Gross Revenues:   $3,359,745
Cash Flow:   $638,568
Cash Flow Type:  EBITDA
Inventory:  $340,000
Seller Financing:  Yes

About The Business

Year Established:  2006
Number of Employees:  20 – 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  6 weeks over 12 weeks.
Reason For Selling:  Spend more time with family.