Value Added Medical Equipment & Supply Distribution Company For Sale

Business description

This equipment distribution company services a niche market and enjoys strong margins. The firm employs twenty-five full time and two part time personnel. The company specializes in exceptional service to the midwest market. Key Managers are in place supervising productive, knowledgeable sales representatives and technicians, all of whom are paid on a commission basis. The 2007 financials and tax returns recently came in from my client?s accountant. The gross revenues for the company were $10,992,805 in 2007 with a gross profit of $2,488,890. In 2006 and 2007, the company added skilled salespersons and technicians to cover expanded markets. Productivity, wihich is tied to compensation, remains high. Since only administrative staff are on salary, fixed overhead costs are low. Manufacturers, for the industry served, are vying to come on board for this company's quality frepresntation. Historically, this firm meets and exceeds annual sales goals for clients. The 2007 financials and tax returns recently came in from my client?s accountant. The gross revenues for the company were $10,992,805 in 2007 with a gross profit of $2,488,890. In depth training and support for customers, coupled with responsive technical repair service contributes to a win/win/win solution for the supplier, the customer and this distributor.

Property information

Location:

The sales and service aspects of this distribution operation can grow substantially in the current location. The facility provides office, training, and warehouse space. This central location affords easy access to a interstate routes and and customers. The facility can be leased for $15,162 rent per month, the property can be purchased with the simultaneous acquisition of the business, or alternatively, the business can be relocated.

Other information

Competition / Market:

This company sells into an industry expecting above average growth in the next decade. Competition exists. The majority of the competition is comprised of much smaller firms. There is some competition from larger national conglomerates.

Support & training:

The Owner is willing to provide a period of Training and Transitioning as part of the transaction. The Owner is also willing to consider providing ongoing, fee based consultation.

Reasons for selling:

Other Business Interests

Furniture / Fixtures value:

$373,000

Inventory / Stock value:

$155,000

Contact the seller