Cleveland Medical Sales and Service Company

Cleveland Medical Sales and Service Company Location: Cleveland, Ohio
Listing Number: 63017del

Financial Information

Asking Price: $249,000
Gross Revenues: $301,000
Cash Flow: $84,000
Real Estate: Seller currently operates out of his home.

Business Description

This is a 20 year well-established business to business, medical sales and service company.     A proven recession proof business with repeat sales, it has approximately 400 accounts out of a potential 2,200 client database.  No account represents more than 3% of revenue.  3 year sales average $300,000 with owner earnings averaging $84,000.  Seller is of retirement age and will provide a smooth transition for a buyer.  The company recently launched a new ecommerce website and is positioned to grow revenues further through sales of additional new products and services being introduced.  Excellent books and records will reflect a consistent historical record of growth and profitability.  This is a Monday through Friday operation fostering a flexible lifestyle.  Minimal employees are required.  Sales in this very stable industry are very repetitive and profitable in nature in this need based medical business.