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Listed by:

Capital Business Solutions

Growing Under Contract Skincare Consumer Device Co In Florida For Sale

Florida, US
Asking Price:
$25,926,918 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$15,368,678
Cash Flow:
$5,197,719

Take advantage of this growing market! Company in a niche market segment of high-end beauty devices for at-home use, seeking equity / growth partners to help them excel to the next level.

The company is trending back towards pre-COVID numbers, with $5.197 TTM EBITDA through February 2022 and reaching approximately $4,691,335 in EBITDA for 2021. The Company holds various FDA 510(k) classifications for some of it's devices, differentiating it's products from the competition.

The company also holds numerous patents for their branded devices, which are FDA Approved Class II medical devices. The Company owns multiple brand and device names, and has built upon proven technology to stand apart from its' competition.

The company produces devices that could be used in-home, at medical spas, and at additional retail locations where skin care or aesthetic services are provided. The company has a global reach and customer base, and it benefits from recurring sales to large distribution customers in many targeted geographic locations.

The company maintains agreements with some of their largest key customers, which have been consistent since the beginning of their substantial COVID-comeback. The company also has the ability to produce white-label devices, containing the same FDA approved technology.

Property Information

Location:

Global

Premises Details:

Offices located in North America, with sales teams in various locations

Business Operation

Expansion Potential:

This company has grown exponentially within the first 5 years since its inception. While COVID temporarily slowed the company's growth, management has been focused on rebuilding. The Company's YTD EBITDA is approximately $2,505,658 though August 2021, and is continuing to increase. Sales are expected to accelerate during the 2021 holiday season, and the Company estimates its' 2021 EBITDA in the range of ($3.7m-$4.2m) by year-end.

Competition / Market:

Expected major increases to at-home home skin-care device market segment.

Reasons for selling:

Seeking Growth Partner

Employees:
14FT 32 PT
Years established:
2014

Other Information

Support & training:

Owners willing to train or remain on-board, subject to terms TBD

Financing available:

TBD

Furniture / Fixtures value:
$140,000 - included in the asking price
Inventory / Stock value:
$1,400,000 - included in the asking price
Relocatable:
This business can be relocated.