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MEDICAL ELECTRONIC TEACHING EQUIPMENT

Seller: Attn: Al Hocker
Location: Houston, TX, USA
Listing Number: 73728032


Asking Price: $3,400,000 USD USA Dollars
Industry: Manufacturing: Electronics
Reason for Selling: Retiring.
Year Established: 1980
Number of Employees: 10
Yearly Revenue: $2,000,000
Yearly Cash Flow: $650,000
Yearly EBITDA: $NA
Yearly Gross Income: $NA

Overview of the Business:

Medical Device Manufacturing. The company designs, develops, manufactures and markets medical electronic teaching equipment and is the market leader in its field. The product line is a wide range of digital sound simulators, electronic stethoscopes and telemedicine instrumentation with emphasis on heart and breath sounds. All systems come with teaching software in five languages and are used by a large majority of US medical schools, teaching hospitals, nursing schools and by major medical centers worldwide. In fact the list of customers read like the "who's who" of the medical industry. The company holds a quality ISO13485 certification and meets all US and European medical directives. All technical personnel are highly trained in their field with total commitment to offering the highest quality teaching simulator systems. The company owns it's facilities, a modern 4,400 sq ft masonry building in a high tech industrial development. The current facility is capable of increasing it's production levels considerably without a measurable increase of capital investment. Building and underlying real estate are included in the pruchase price. Also included in the purchase price are all patents and trademarks.


Property Features and Assets:

Modern 4,400 sq ft build in a very high tech industrial park. Management Training and Support: Owner will stay as needed.


Market Competition and Expansion:

Market Outlook and Competition: Company is growing and with five new systems coming on line in the first months of 2010 the company should take a great jump forward. The new lines are going through clinical trials and are getting great response.


Additional Details:


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