Listing #: 1643
Location: New England, MA
An incredible opportunity to acquire a well-established medical product manufacturing and distribution company. The company manufactures and sells wheelchair seating products to skilled nursing facilities across the country, and most recently, to hospitals. The products have been clinically proven to reduce wounds, falls, and pain, as well as to maximize patient function. The company also offers HIPAA compliant tele-consults with seating & positioning specialists for clinically complex cases and educational in-services to improve patient care and outcomes.
The company is a well-established vendor with a premium brand that holds national purchasing contracts with many of the largest nursing home operators. Their customer database comprises approximately 30,000 individual contacts; close relationships have been maintained with both corporate executive management as well as first line managers who are responsible for purchasing. The company also holds contracts with insurance companies, including UHC.
This opportunity could be utilized to facilitate expansion of the current product line, as well as to introduce new product lines to increase sales and profit with an established list of loyal customers across the nation.
The company currently manufactures the product in the United States, with an abundance of growth potential. Management team is willing to stay on and assist the new owners with the transition.
Financial Information:
Yearly Gross: $2,138,091
EBITDA: $108,514
Asking: Offers
General Information:
Year Established: 2003
Reason Selling: Retirement
Franchise: No Home-based: No Re-locatable: No
For more information, please contact:
Company: ROI Corporation a BBANE Affiliate
Broker: Denis Mezheritskiy
Phone: 781-682-6209 ext. 264
Email: prospect@roibusinessbrokers.com
