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Business Listed by

Sunbelt Baton Rouge

Contact: Alan Risher
Office Phone: 225-201-0202
Mobile Phone: 225-201-0202
Listing ID: BATONLA001-N2557

Specialty High Tech Business For Sale

Financial Information

  • Asking Price: $695,000
  • Gross Revenue: $550,000
  • Cash Flow: $170,000
  • Down Payment: 0
  • FF&E (Included): $50,000
  • Inventory: $200,000
  • Financing: No

Business Location

  • Confidential
  • Louisiana
Primary Business Category: Research and Development in Biotechnology

This specialty high tech business for sale in specializes in the design, manufacture and sale of multi-channel electromyography (EMG) systems for the study of muscle contractions with biomechanics, research and medical applications in human movement, spinal cord injury and aging. These products have FDA 510(k) approval to market in the US and are marketed worldwide. Business has grown to a point where it needs more capital than the current owners can provide for both domestic and international growth. Business can be relocated anywhere if desired. The business has been in operation for over 22 years and has a strong foundation built up by the owners with repeat customers and resale agreements in countries worldwide. Owners have decided to sell because business needs outside capital to grow and does not have the capability to reach larger growth opportunities. Owners would like to stay on and retain a minority ownership in the company. Sellers will help train new owner on how the business works and help work in the business. Current owner will help continue manufacturing and further enhance sales efforts for the business. Inquire today and come see this unique opportunity, see the great potential, meet the owners, make offer!


Competition Description


Growth / Expansion overview


Support / Training Comments

Available


Financing Comments


Reason For Sale
Need more capital to grow.
  • Home Based: No
  • Year Established: 1992
  • Franchise: No
  • Year Acquired: 1992
  • Willing to Train: Yes
  • Relocatable: Yes
  • Required Licences:

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: 5
  • Fulltime Employees: 2
  • Part time Employees: N/A
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 2000 sq ft
  • Monthly Rent: $2,500

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