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$1m Ebitda Surgical Device Manufacturer-distributor In Tennessee For Sale

Tennessee, US
Asking Price:
$6,900,000
Sales Revenue:
$1,772,000
Cash Flow:
$1,038,166

Huge potential for increasing market share!

Since its founding by the surgeon-inventor in 1999, this fine Middle TN firm has marketed and sold this revolutionary surgical tool to hospitals and surgery centers. 95% of revenues are earned with sales of the primary product (series, made in Germany) and the disposable component of these tools (made in the United States). Of the 95%, 75% is the disposable component. A newer product designed and manufactured by the doctor / owner, not related to the aforementioned, represents the remaining 5% of sales.

*HUGE Opportunity: The steady and stable sales volume developed by direct marketing and trade shows to 15% of market share— 40,000 of the approximate 275,000 of these surgeries performed annually in the United States.

Property Information

Real Estate:

Real Property Included

Location:

Middle Tennessee

Premises Details:

The 2,664 square foot freestanding office building is beautifully appointed, with intake, storage, conference room, break room, high-end offices, and it has room for expansion. The facility is located in the quiet periphery (but with easy access to all major shipping carriers) of one of the fastest growing communities in Middle Tennessee.

Though the offices are beautiful and comfortable, and the real estate is available for $400,000 (over asking price), this business is NOT dependent on location; it can be easily relocated.

Size in square feet:
2,664

Business Operation

Expansion Potential:

HUGE Opportunity: The steady and stable sales volume developed by direct marketing and trade shows to 15% of market share— 40,000 of the approximate 275,000 of these surgeries performed annually in the United States. Additional marketing to introduce the products, spreading the news of product superiority and demonstrable improvement in patient outcomes to hospitals and surgery centers will build market share.

Competition / Market:

There are very few competing products. The potential for increasing market share is high, as the company's products are established, with good FDA audits, no recalls, and steady and stable sales volume.

Reasons for selling:

Retirement, travel

Trading hours:

Mon-Fri 9-5

Employees:
4
Years established:
25

Other Information

Support & training:

The surgeon-inventor and his spouse are the principals. He is basically an absentee owner, but will be pleased to remain in a marketing capacity at the discretion of the buyer, and continue to market at trade shows and personal appearances. His wife is the CEO and will remain for a negotiable period, but will need to be replaced.

Furniture / Fixtures value:
$50,000
Inventory / Stock value:
$290,000
Relocatable:
This business can be relocated.