$574,033 Profit, manufacturer distributor own medical line-preapproved
McHenry County, Illinois, United States
Asking Price$3.49m
Revenue$1.48m
EBITDA$574k
Cash Flow$574k
Description
MADE IN USA, in house, few competitors, inelastic demand, turnkey (Seller works part-time 20 HRS/WK)
Medical device manufacturer; distributor of own proprietary medical products, very few competitors.
+DEAL=BANK APPROVED, by same banker- for 30 years
+79 year old business; Each Dept. overseen by Manager/In-charge; stable sales & profits
Customers- Pay, Credit Card-or-Net 30. $0 bad debt, $0 write offs. Medical industry=highly profitable buyers
+REAL ESTATE INCLUDED, 2.5 ACRES -room for expansion.
Make $357,653 after debt service? -see price justification page in CIM-
[$574K x 3]+[$1.3M appraised realty]+[$671K inventory]+[$243k equipment]=$3.9M
[$574k Earnings+ Realty+ Inventory]=$3.7M Clean earnings, FULL PRICE OFFERS
Real Estate
$1.28mIncluded in Asking Price
Building Size: 16000 sq. ft.
Furniture Fixtures & Equipment
$243k
Inventory
$671kIncluded in Asking Price
Number of EmployeesFull-Time: 14Part-Time: 4
Year Established
1973
Reason Selling
Relocation
Facilities & Assets
Real Estate 2.5 acres, building 16,000 SF, house 1,800 SF. Real Estate appraised at $1.28M recently
Support & Training
30 days included, seller willing to stay on for extended period of time
Market & Competition
Growing
Growth Opportunities
Growing
Asking Price$3.49m
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.