Illinois Medical Device and Product Manufacturers For Sale

Medical Devices and ProductsIllinois

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Specialty Medical DistributionSpecialty Supplies
$1,300,000Cash Flow: $234,000
Specialty Medical DistributionSpecialty Supplies

Algonquin, IL

This is an opportunity for Outstanding earnings. You can run this business from any location if you desire. All the products will fit in a 2 car garage. The seller currently works 20 Hours per week. The seller has over 40+ years of industry experience and is ready to retire. The seller will dedicate up to 6 month's to teach and educate the buyer to maximize their potential for future growth and success.

Dr. Invented Pediatric Care Products w/Patent
$600,000
Dr. Invented Pediatric Care Products w/Patent

Chicago, IL

Although the current owner of this business is a doctor, a new owner does not need to be an MD! Developing smarter products that parents can use every day, this business is tapping into the multi-billion-dollar global baby market and is poised for additional growth. This business just earned a Walmart contract! Based in the US, the business has national and international distribution. There are three main product lines targeted to parents with children aged birth to 11 years. Two of the three products have design trademarks and pending design patents, one is currently patented. ERP system is proprietary. Additional products are currently in development. Distribution points include major online retailers, independent pharmacies and baby stores, and health-based retail stores. Growth opportunities include breaking into hospital sales, develop current product line for geriatric use (an untapped market), expand into big box stores and using additional strategic marketing. There are six part-time and one full-time employees on staff, including Director of Business Development; Marketing; Accounting: IT; Manufacturing oversight; E-Commerce Manager and Operations. Two employees are based outside the US – one in China and one in India. The Director of Business Development is fully capable of running the business and would likely stay on after the sale. The owner’s focus is on R&D, contract negotiations, employee management, and financial models. One owner is willing to stay on past transition to assist with R&D. Due to this product’s ease of use, it would be great for hospitals, care centers, medical centers, therapists, pediatric physicians, and day care centers.

Close Tolerance Metal Manufacturing Company
$825,000Cash Flow: $128,487
Close Tolerance Metal Manufacturing Company

Chicago Metro Area, IL

This established precision metal manufacturing company enjoys a reputation for quality products and on-time delivery. Retention of established clients is extraordinarily good. This firm's base continues to grow with additional divisions of existing customers placing orders and new clients coming on board. Long term, skilled employees, good systems in place, and well maintained equipment complement the package. Revenues and earnings are on the rebound from the downturn the U.S. economy experienced in the last few years. In April of 2015 the Owner commented that the company's backlog of orders has doubled since December 2014. Gross Revenues for the Fiscal Year Ending August 31, 2014 were $1,333,062 with Seller Discretionary Earnings of $207,420. This company generated $1,436,118 in revenues in their most recent fiscal year (September 1, 2015 through August 31, 2016). This is a definite increase from the revenues for the twelve calendar months in 2015 which totaled $1,363,421.


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