Durable Medical Goods
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $1000000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2003
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Description Listed for sale is two patented plastic injection molded products (not a business) that allow wheelchair and walker users to organize and carry all personal items needed every day in an easily accessible manner. The products are highly profitable and there are no direct competitors as no other product holds the variety that these hold and the closest competition is metal baskets or cloth bags. Demand is increasing as the US population with disabilities grows with an aging population. Asking price for complete product line, including patents, three molds, and know-how is $22,500. The seller is open to entering into a manufacturing agreement with the buyer if details warrant. The key to success is distribution contacts with a CVS, Wal-Mart or large catalog house for the target audience. With the proper sales and marketing program, the posted revenue and cash flow can be achieved.
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