Turnkey Medical Precision Manufacturing Business/Building for Sale

Sarasota, FL
listing image
Asking Price:$5,400,000
Gross Revenue:$1,200,000
EBITDA:$400,000
Real Estate:$3,450,000
Cash Flow:$1,200,000
Inventory:$1,700,000
FF&E:$1,700,000
Established Year:1992
BUSINESS DESCRIPTION

OWNER WILL NOT FINANCE OR LEASE.

STATE-OF-THE ART CUSTOM PRECISION TOOL & DIE SHOP. This is a well established cutting-edge medical manufacturing company dedicated to revolutionizing the healthcare industry. Specialized in plastic injection molding, EDM machining, medical molds, micro molding, CNC machining, assembly fixtures, automation, and ISO standard clean room tooling. They offer a comprehensive range of services to meet the diverse needs of their clients with innovative solutions. The facility can produce large and small quantities of custom machined parts with great accuracy and efficiency. They have highly skilled Tool & Die Makers / CNC Machinists / Programmers / Mold Makers with the creative skills to produce close tolerance molds, tooling and fixtures in a non departmentalized shop.

Commercial property included in the Sale Price (or can purchase separately without the business). Located in Sarasota, Florida. Built 2021, 7,597 sqft on a 0.5-acre waterfront lot. Offices are Beautifully Furnished, Shop area has lightly used state-of-the-art equipment. Property Details: https://www.loopnet.com/Listing/2328-72nd-Dr-E-Sarasota-FL/33212144/

Operations:
Business - Established 1992. Skilled staff and payroll service in place and would stay with business.
Strengths - Quality, On-Time, Excellent Equipment, Competitive Pricing, Longevity, Solid Customer Relationships, Trained/Skilled Employees, Organized Cloud Based Documentation/Operations.
Technology- Integrated Quickbooks Software for all income & expense financial management. Engineering Software Platforms: Solidworks /Mastercam. Payroll service from Pinkerton Payroll. CRM/Work Flow Operations: Cloud based Monday.com.
Data Base -10 active customers - medical device / semi-conductor industries.
Purchase Orders - average monthly 5. Value of PO $1,000 to $150,000. Capacity to handle orders up to $1,000,000.
No supply-chain issues. Turn-around or lead-time of Purchase Orders: 1 - 2 months.
100% of the sales are business to business.


ATTACHED DOCUMENTS
Equipment Included with Business Sale.pdf.pdf Download

DETAILED INFORMATION
Location
Sarasota, FL
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
7,597
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Precision Machinery an average 5 years old. See attached list for details.
Growth & Expansion
Does no marketing or advertising and has no direct sales staff. Current sales generated by a loyal client base and referrals. The business model may need further internet-digitization and adoption of a robust E-Commerce and Social Media platform to more effectively market its unique products and services to clients. A fresh new owner with excellent interpersonal selling skills and willing to personally call on and meet commercial clients should quickly result in a dramatic increase in sales and profits.
Financing
OWNER WILL NOT FINANCE OR LEASE.
Support & Training
Owner will personally introduce new owner to customers and train in every day operations. There are well documented and organized cloud based systems for all HR and job related operations.
Reason for Selling
Retirement
Franchise
This business is an established franchise

BUSINESS LOCATION
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Allan &ColetteKilgore
Allan & Colette Kilgore