Medical Device Manufacturer and Distributor
Location: Oregon > Multnomah County > Portland
Industry: Manufacturing > Medical Device Manufacturing
Financials
Asking Price: $1,000,000
Gross Revenue: $1,256,000
Gross Revenue Comments: 2005 sales $2,600,000
Cash Flow: $55,000
Cash Flow Comments: 2005 Adj Cash Flow $234,975
Inventory: $395,800 (Included in Asking Price)
FF&E: $156,000 (Included in Asking Price)
Seller Financing: Seller prefers cash out
Business Summary
This privately held company was established in 1974 by a small group of engineers. The company is a reaserch & development, manufacturer and worldwide distributor of uniquely designed products in the Communication Aids and Computer Access equipment for physically disabled children and adults. They sell their products ihrough independent retailers and distributors worldwide. These channels allow for local support in most major metropolitan cities.
About the Business
Year Established: 1974
Employees: 10 full time - 1 part time
Relocatable: Yes
Facilities: The Company leases a 5,000 sq foot industrial building in Portland. The rent is approximately $5,000 with a 5 year lease
Market Outlook and Competition: The business has been restructured from strictly manufacturing to modifying existing products. Therefore, increasing capacity can be reached by adding more readily available and qualified labor. There are approximately 8 American companies who produce a similar product, there are also a few European manufacturers who distribute in the US. This company differentiates itself with excellent customer service.
About the Sale
Management Training and Support: The Owner and President will stay on for an extended period of time to assure and transparent transition
Reason For Selling: Other financial considerations

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Listing Tools
BizQuest ID:896859
Seller ID:L-572
Business Listed By
Name:Lew Reece
Company:Coldwell Banker Commercial
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