Sarasota County Business Manufacturing Medical Equipment For Sale

Business description

CONTRACT PENDING. THIS BUSINESS IS NOT AVAILABLE AT THIS TIME. This domestic Medical Equipment Manufacturer with on site product development, manufactures non-technical equipment for hospitals, special needs patients, shelters, evacuation centers and support staff; that are easy to transport, has no shelf life and are always available. They are the only US manufacturer of these products and have set the industry standard for US agencies. A lease for any term the buyer wishes is available or the manufacturing can be moved to any location the buyer wishes. With several new products under development, an expanding customer base and cost of goods / expense improvements both sales and profits for 2009 and beyond will be substantially higher. The net income / discretionary cash flow for 2008 was $1,956,000. The asking price is $6,850,000, which includes $300,000 of inventory and $512,000 of equipment at current fair market value.

Property information

Real Estate:

Lease

Lease terms:

Whatever the buyer wishes.

Leasehold rent:

$2,100 per annum

Leasehold rent:

$1 per sq ft per annum

Location:

South Florida

Premises details:

25,000 Sq Ft Manufacturing

Size in square feet:

25,000 Sq Ft

Other information

Expansion potential:

Very Good

Planning consent:

N/A

Competition / Market:

Not a problem

Support & training:

Four weeks at no cost to buyer

Reasons for selling:

Other Business Interests

Trading hours:

8:00 to 4:30 M to F

Furniture / Fixtures value:

$512,000 (included in the asking price)

Inventory / Stock value:

$300,000 (included in the asking price)