Medical Device Manufacturer
Illinois
Asking Price: |
Gross: |
Cash Flow: |
$750,000 |
$509,085 |
$318,600 |
Furniture and Fixtures Value:
$55,000 (included in the asking price)
Inventory Value:
$20,000 (included in the asking price)
Business Summary:
This company manufactures custom and standard products for the lucrative medical device industry. Started in 1988 the company specializes in niche products generally with runs of 25-200. With no marketing the business continues to grow.The company designs, builds prototypes and produces products of which 70% go into the medical industry primarily to the end users.As the owner’s wife has retired, he wishes to spend more time traveling. However, he is willing to stay on 25-30 per week for an extended period to provide technical expertise. Accordingly, for someone with marketing skills or connections to the medical device industry this is a great opportunity.For more information contact the listing broker Bill Augustine, Sunbelt Business Advisors at 847-605-1510 ext. 234 or email [email protected].
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Number of Employees:
3 FT |
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Owner
willing to train:
Yes |
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Reason for selling:
Retirement |
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REQUEST MORE INFO |
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