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Businesses For Sale   >>   Medical Device Manufacturing Businesses For Sale

Vaporizer Manufacturing And Distribution Business

Location  Illinois,United States
Asking Price Range  $250K - $500K
Gross Revenues  $223000
Net Profit / Cash Flow  $35000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1992
Number of Employees  1 - 3
Inventory  489000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  The owner willing to help with transition over reasonable time frame.
Reason for Sale  One of the business partners is looking to transition out.

Description  
The company manufactures and distributes waterless vaporizers, dehumidifiers, air purifiers and aromatherapy units for homes and auto marketplace. There is also an active new product pipeline. The business has a presence in US and European markets with a customer base that includes a number of Fortune 500 companies. The business has an established brand and a patented product line giving it a competitive advantage in the marketplace. The company recently received an order commitment from a nationally based distribution association which is expected to significantly stimulate sales. Sales volume has averaged $223,000 with approximately $35,000 in discretionary earnings for the past four years. The asking price of $350,000 includes $160,000 of equipment, 5patents, licenses, UL certifications and trademarks. Also included is $301,000 worth of inventory at cost.


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