Niche Medical Product Line - Patent Pending
Location Wisconsin,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1900
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Description Medical product line in a niche marketplace where technology for similar devices has not substantially changed since the 1950's. The industry segment of this product is fragmented, so a savvy buyer can quickly capture significant market share with an aggressive sales plan.
Innovative features, intelligent design and top shelf components set this product apart from the competition, while maintaining a competitive price point in the industry. Currently the business is subcontracting out parts production while retaining the assembly in house. For a machine shop or metal fabricator seeking a captive product line, there is significant cost savings in production that could be realized. Coupled with a full scale marketing attack, his product can be the market leader in a short time.
The seller has spent countless hours developing and refining the product line, but has determined to sell the business to someone who can build on the pending patent and effectively take the product fully to market.
Creative deal structures will be considered.
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