Businesses Franchises Brokers

$539,384 Profit; 2 new large revenue streams w/recent FDA approval !

McHenry County, IL

Sale Pending

Asking Price:$2,400,000

Cash Flow (SDE):$539,384

EBITDA:$422,003

Gross Revenue:$1,476,811

Real Estate:$1,280,000

Established:1973

Business Description

This listing is pending at the moment. But we are still accepting buyers tBottom line price $2.4M (includes $100,000 working capital, $300,000 Seller note -no pmts until 4/1/2029)

MADE IN USA, in house, few competitors, inelastic demand, turnkey operation. Seller was a teacher when he purchased (Seller automated and only works part-time 20 HRS/WK, owned for 12 years, wife most in Florida-moving to Florida)
Medical device manufacturer; distributor of own proprietary medical products, very few competitors.
+DEAL=BANK APPROVED, by same banker- for 30 years
+79 year old business; Each Dept. overseen by Manager/In-charge; stable sales & profits
Customers- Pay, Credit Card-or-Net 30. $0 bad debt, $0 write offs. Medical industry=highly profitable buyers
+REAL ESTATE INCLUDED, 2.5 ACRES -room for expansion.

**New** 2 new Large Revenue streams coming on line w/recent FDA approval!!!!!!
https://tangentbrokerage.com/listings/2344916/

Ad#:2344916

Detailed Information

Inventory:

$671,358
Included in asking price

Furniture, Fixtures, & Equipment (FF&E):

$242,841
Included in asking price

Employees:

12 Full-time

Facilities:

Appraised real estate value=$1.28M, 2.5 acres with building and land. 16,000 SF + 1,800 rental house.

Competition:

Few competitors, medical industry product,

Growth & Expansion:

Attend more medical trade shows

Financing:

Seller financing available

Seller will accept small seller note with payments starting 3/2027

Support & Training:

30 days training included, seller willing to stay on for extended period of time

Reason for Selling:

Relocating to Florida

Business Website:

https://tangentbrokerage.com/listings/2344916/

Business Location

Location:: McHenry County, IL
Real Estate:: Owned; Included in asking price
Building SF:: 17,800

Demographic Information for McHenry County Area Household Income Population Age Population Trend Population by Race/Ethnicity: BizBuySell EDGE

Financial Benchmarks for Illinois Medical Device and Product Manufacturers Gross Revenue Benchmarks Cash Flow (SDE) Benchmarks EBITDA Benchmarks: BizBuySell EDGE

Listing Statistics Saved This Listing Listing Last Updated Appeared in Search Listing Detail Views: BizBuySell EDGE

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Business Listed By:
Charles Howard Tangent Brokerage

Ad#:2344916

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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