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71467-Therapeutic Table Manufacturer

KS

Seller Financing Available
71467-Therapeutic Table Manufacturer
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Asking Price: $1,200,000

Cash Flow: $263,000

Gross Revenue: $1,711,000

EBITDA: $222,000

FF&E: $227,000

Inventory: N/A

Established: 1981

71467-Therapeutic Table Manufacturer

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Business Description

The company specializes in designing and manufacturing its own brand of high-quality therapeutic tables for physical therapists and chiropractors. In addition, the company maintains an inventory of parts for previously manufactured tables. The company operates from a leased 6,500-square foot facility, with state-of-art equipment for fabrication and assembly. Offering these products requires a FDA Registration for Manufacturers, Kansas State Board of Healing Arts Doctor of Chiropractic Medicine License (DC) and a Welder’s License. The company has a proven track record supported by nine personnel with industry experience and over 10 years of ongoing business. With its niche’ range of products, the marketing efforts focus on targeting chiropractors, physical therapists, and medical device distribution companies worldwide. Revenues have steadily increased over the past five years due to an improving economy. In 2018, the total revenue was $1,710,647 with Seller’s Discretionary Earnings of $263,000, rounded. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones. WIP and necessary inventory to be determined at time of sale.

Detailed Information

Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
The owner will be available as needed for a standard transitioning period.
Reason for Selling:
Other interests
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IAG

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