Medical Device Manufacturing Business for Sale

Faros

Thera-Wand

me6000 

 

Sales Revenue:  $175,000

Cash Flow:           $60,000

Location:  Ottawa area, Canada

 

 

Inventory

$55,000 Finished Goods

  10,000 Office and test equipment

Actistim

Summary

This well-established and profitable licensed medical device company distributes and services high-technology medical equipment.  The company’s products are sourced from the USA, Europe and Asia.  They are technically advanced with strong competitive characteristics and high reliability.  Several products are modified for the Canadian market and sold under the company’s own brand names.

Sales are to a diversified customer base including hospitals, universities and physiotherapy clinics.  Sales growth is 25% annually, with 45% of sales in Canada and 55% worldwide.  The company has many long-term customers.  The customer list is provided.

Biomation operates with complete audited ISO 13485 and ISO 9001 quality control systems that be can readily expanded and adapted to accommodate any new product additions.  The company is Health Canada licensed so the purchaser is buying a fully-functional relocatable medical device manufacturing company with all approvals in place and ready for expansion.  It owns 11 Canadian medical device licences.

Market and Competition

The company has a solid market position. It has gradually grown over a 27-year period and has strong potential for expansion. 

Products have a sound competitive advantage.  They are focused in four areas: physiotherapy, urology, cardiology and wound healing, with both clinical and home-treatment products.  Most of the company’s products are designed with new technology, giving a price and feature advantage over competitive products.

Real Estate

The premises are not included in the business sale. At current business levels, the business uses:

    400 sq. ft.   Office and workshop
    250 sq. ft.   Inventory storage

This medical technology business can easily be relocated to new premises because all fabrication is outsourced.

Product Lines

Sales
Level

Sales Potential

Inventory

Number of Product Licences


Physiotherapy

$70,000

$200,000

$30,000

8


Kinesiology

 35,000

150,000

20,000

0


Wound Healing

60,000

125,000

3,000

3


Cardiac

10,000

250,000

2,000

1


Total

$175,000

$725,000

$55,000

12

Support and Training

The seller will be available to the purchaser after acquisition for training and familiarization, and for consulting after takeover if needed.

Reason for Selling

The business owner is retiring.

Web Sites

www.biomation.com/physiotherapy

www.biomation.com/wound

www.biomation.com/kin

www.biomation.com/inco

www.ecg.biomation.com

 

 

Interested persons should contact the owner for more information,

David Hanneson dhanneson@biomation.com

Office:  613-256-2821,  1-888-667-2324

Cell Phone:  613-799-1179