DESCRIPTION: This Value Added Medical Equipment & Supplies Distribution Company Services A Niche Market And Enjoys Strong Margins. The Firm Employs Twenty-One Full Time And Two Part Time Personnel. The Company Specializes In Providing Exceptional Service To The Mid-West Market.
Key Managers Are In Place Supervising Productive, Knowledgeable Sales Representatives And Technicians, All Of Whom Are Paid On A Commission Basis. In 2006 And 2007, This Company Added Skilled Salespersons And Technicians To Cover Epanded Markets. Productivity, Which Is Tied To Compensation, Remains High.
Since Only Administrative Staff Are On Salary, Fixed Overhead Costs Are Low.
Manufacturers, For The Industry Served, Are Vying To Come On Board For This Company's Quality Representation. Historically, This Firm Meets And Exceeds Annual Sales Goals For Clients.
In Depth Training And Support For Customers, Coupled With Responsive Technical Repair Service Contributes To Win/Win/Win Solutions For The Suppliers, Customers And This Distributor.
Year Established: 21
Employees: 21 Full Time - 2 Part Time
Revenues In 2007 Were $13,555,079 Generating Discretionary Earnings With Management In Place Of $1,230,861. The
Revenues In 2006 Were $10,992,805 Generating Discretionary Earnings With Management In Place Of $809,813.
The Accountant's Profit And Loss Statement For The First Quarter Of 2008 Shows Revenues Of $2,564,743 With An EBITDA Of $309,781 (For The First Quarter).
The Sales And Service Aspects Of This Operation Can Grow Substantially In The Current Location. The Facility Provides Office, Training, And Warehouse Space. This Central Location Affords Easy Access To Interstate Routes And Customers.
This Medical Distribution Company Sells Into An Industry Expecting Above Average Growth In The Next Decade. Competition Exists. The Majority Of The Competition Is Comprised Of Much Smaller Firms. There Is Some Competition From Larger National Conglomerates.
The Owner Is Willing To Provide A Period Of Training And Transitioning As Part Of The Transaction. The Owner Is Also Willing To Consider Providing Ongoing, Fee Based Consultation.
Gross Revenue: $10,988,899
Gross Revenue Comments: 2007 Revenues
Cash Flow: $999,813
Cash Flow Comments: Discretionary Earnings To An Owner Operator
Inventory: $155,000 (Included In Asking Price)
Ff&e: $373,000 (Included In Asking Price)
The Real Estate Is Available For Lease For $15,162 Per Month With 3% Annual Increases. The Real Estate Can Be Purchased For $2,750,000 With The Simultaneous Acquisition Of The Business (Business Not Included In The Price Of The R.E.). Alternatively The Business Can Be Relocated. |
