MFG and Distributor of Architectural Prod 3.6m Rev

Company Overview
Broker is pleased to present a Manufacturer and Distributor of Healthcare Architectural Products for sale in the Southeastern United States. The Company provides architectural solutions for clinical environments including hospitals, surgi-centers, skilled nursing facilities, medical practices, and more.

Products available include items such as advanced equipment management rails to specialized medical accessories that “reside” on the rails to enhance the efficiency and safety of the clinical environments. Solutions include, but are not limited to, rails and accessories, headwalls, modular environments, mobile applications, and mass casualty situations. The Company is proud to have served hundreds of healthcare clients (including the U.S. Military and U.S. Veterans Administration) in the United States, Europe, and Middle East, 75% of whom have been repeat customers over the years.

Financial Overview
The Company’s payor mix and/or sources of revenue are approximately 80% healthcare facility end-users and approximately 20% third (3rd) party distribution partners. In 2023, the Company achieved $2,284,473 in gross revenue with a net operating income of approximately $400,000. In 2024, the Company is trending significantly upwards to approximately $3,635,099 (9/30/24 annualized) in gross revenue with a net operating income of approximately $988,528 (9/30/24 annualized). At the present time, the Company is positioned for significant additional growth with the high and growing demand for solutions and products to enhance the efficiency and safety of clinical environments, active recruitment of additional sales representatives, continuing to participate in industry groups and trade shows, and recognition within the healthcare community, which a new owner could build upon.

Staff Overview
The current owners are interested in remaining with the Company for sale in a similar capacity for up to 2 more years to provide assistance for the new owner. Furthermore, the 15 administrative and manufacturing staff, 5 independent commissioned sales representatives, and 3 paid sales representatives are all expected to remain with the Company following the transition to a new owner.

Asking Price
The asking price for this opportunity is $7 million plus inventory on hand.