* Included in Asking Price
This is a specialized medical equipment family-run distribution and manufacturing business located in the Greater Toronto Area. The business is ISO-certified, FDA and Health Canada licensed and sells in both Canada and the US. The company manufactures components for electro-medical equipment, and distributes an array of related medical accessories.
The business manufactures some of its own products in-house as well as utilizes licensed subcontractors for certain items. Subcontractor relationships can be easily transferred to a new owner to complement the products manufactured in-house and provide a highly personalized and responsive design/ production service to clients.
The business sells to dealers/distributors across Canada as well as individual physiotherapists, chiropractors and other rehabilitation and pain control professionals. The business has stable and loyal client base, sales are consistent throughout the year and cash flow growing over the last 12 months. Customers are either recurring or acquired through referrals and word of mouth.
The owner’s motivation for sale is retirement and appropriate amount of training and transition will be provided to the purchaser as part of the business sale. Price for the business as a going concern is $549,000 and includes all equipment as well as $80,000 of current inventory. The real estate is also available for sale at a market rate (size of premise is 1,850 SF).
Asking Price (Business): $549,000
Real Estate Asking Price:Market Rate
Furniture, fixtures, equipment (incl.): $ 40,000 (fair market value)
Inventory (incl.): $ 80,000
Revenue (2015): $ 821,000
Normalized SDE (2015): $ 160,000
Normalized EBITDA (2015): $ 110,000
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