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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].

 
   
   
Number of Employees: 3 FT  
   
Owner willing to train: Yes  
   
Reason for selling: Retirement  
 

 

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