Company Overview
American Healthcare Capital is pleased exclusively to introduce a family-owned designer and manufacturer of laboratory products, disposable surgical instruments, and disposable electronic device covers. It is an FDA-registered manufacturer of regulated medical devices and laboratory supplies. All products are assembled on-site, and sterile products are assembled in a 96-squarefoot soft-wall cleanroom unit certified to ISO Class 8.
Company Product Groups
- Orthopedic tools used by orthopedic surgeons
- Lab Waste Collection & Disposal Containers
- Sterile covers for handheld electronics
Distribution Channels
The Company distributes primarily through 3 channels:
- Channel 1: Healthcare industry distributors (68% of total sales)
- Channel 2: Direct to end users (25% of total sales) from individual healthcare facilities such as hospitals, ASCs, hospital networks, and IDNs.
- Channel 3: Government agencies (7% of total sales) primarily to the U.S. Drug Enforcement Agency (DEA).
Financial Overview
The company’s revenues have been very consistent over the past four years. The customer base is very stable, with 72% of revenues from customers with over 15 years of tenure. In 2023, the revenue was $1,256,556, with an EBITDA of $17,273. Revenue YTD through August 2024 was $867,413 with an EBITDA of $110,288, putting them on track to generate revenues of $1,300,000 with an EBITDA of $165,000 (13%).
Staff Overview
All employees are expected to stay on board after the acquisition. The owner is looking to retire and is available for a transition.
Asking Price
The Asking Price for this family-owned designer and manufacturer is $1.5 million plus inventory
