Patented Med Device 4 In Office Hemorrhoid Removal
Our client is offering a next generation, patented medical device for the treatment of internal hemorrhoids. The procedure is painless, non-invasive, requires no anesthesia, is conducted in under 2 minutes, and can be performed in any medical setting: a doctor’s office, a surgery center, an endo suite, or a hospital.
Our client’s product is a small, disposable, medical device that eliminates hemorrhoids. A physician uses this device by deploying a tiny rubber band on the base of the hemorrhoid. This procedure is known as rubber band ligation, and it is the #1 recommended treatment for internal hemorrhoids by the American College of Gastroenterology. Patients no longer need to use ineffective creams or receive painful, invasive surgery. Our client’s device offers a permanent solution for their hemorrhoids.
The device is currently manufactured in the USA through an FDA approved, ISO 13485 contract manufacturer, who specializes in medical devices. The device is sold directly to physicians of different specialties, including gastroenterologists, colorectal surgeons, GYNs, urologists and primary care physicians. The biggest targeted audience are gastroenterologists.
Financials (USD)
Asking Price $20,000,000
Cash Flow $14,485
Sales $123,045
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Yes
Willing to co-broke? Yes
Principals only? No
Franchise? No
Management will stay? Yes
Relocatable? No
Real Estate? No
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