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Businesses For Sale   >>   Other Health and Medical Businesses For Sale

Manufacture Pillows & Cart Covers For Medical Institutions

Location  Florida,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $240000
Net Profit / Cash Flow  $79739
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1946
Number of Employees  1 - 3
Inventory  88695
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Key employees plus one contractor will most likely stay after transition. The owner is available for a reasonable transitioning period.
Reason for Sale  Approaching retirement.

Description  
This business, located near Miami, Florida, manufactures and wholesales disposable and reusable pillows for hospitals and medical institutions. Additionally, they also manufacture exclusive custom designed hospital cart covers and custom pillows for interior decorators and designers. They use a wide variety of fabrics and fills, including foam, crushed foam, polyester, feather mixes, and goose down. This business has been in operation for 68 years and has an excellent reputation for quality products and reliable customer service. This pillow manufacturing company has been in business since 1946 with the current ownership starting in 1984. After years of hard work and dedication to building this business, the current owner has decided to let a new owner take it to the next level. This Florida based business is a great opportunity to take a business that is already successful and build on that foundation to secure your future. There is plenty of opportunity for growth in this company with many avenues of expansion that could boost profit. This company could be operated in a hands-on or absentee fashion, giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. Out of their total revenue, 90% comes from hospital pillows, 5% from cart covers, and 5% from custom pillows. This company offers a new owner a successful business with stable revenues. For more information on this listing, contact us today. Equipment and inventory included in the sale, more details available upon inquiry. Asking $1,700,000, This business has a great, central location with easy access to local highways. There are three total buildings. This includes a sewing area, work area, storage, and office space. Each building also has an upper area for storage. This property is included with the sale. 95% repeat clientele.


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