Sold

Price: $3,135,000

Location: Des Plaines, Illinois, Cook County

Industry: Manufacturing

Listing ID: 0M119

Medical Instrument Manufacturer for Sale in Des Plaines, Illinois, Cook County

Listing Details

Total Sales: $4,188,032

SDE: $707,210

Cash Flow: $707,210

Accounts Receivable: $190,000

FFE: $410,000 (Included in Price)

Inventory: $65,000 (Included in Price)

Terms and Conditions?:

Seller to cash out at closing.

Reason For Sale:

Relocate.

Training & Support:

As much as needed as agreed during the purchase process.

Operation

Year Established: 1997

Year of Last Acquisition: 1997

Days & Hours of Operation: 8 to 6 M-TH plus 2nd shift if needed

Owner Hours Per Week: 45

Employees: 14

Managers: 2

Location

Square Footage: 6800

Facilities Information:

6800 square foot with clean-room manufacturing space available.

Summary

Historical Summary:

This company manufacturers medical instruments and takes great care in how they perform precision craftsmanship. Because these instruments are used with great regularity in the medical field, each instrument has to meet certain specifications and be an exact replica of the original. The instruments are also made from a non-corrosive material that is of high strength which allows for zero movement when performing procedures. Their expertise has secured their reputation in this industry of a very fast growing segment of our economy.

This product is currently in use in several countries with internationally renowned medical practitioners as their biggest clients. This is a Turn key business with full CAD capabilities.   

Owner Qualifications:

Precision high-quality manufacturing or manufacturing management experience.