Manufacturer's Rep Company

Long-Term Health Care Industry

Southeast Wisconsin

Ad ID: 390122
Type: Established business  
Category: Mfg. - Furniture and Fixtures
Category: Services - Health, Medical & Dental

Financials
Asking: $1,250,000
    Included in the Asking Price:
    Furniture, Fixtures & Equipment: $74,300
    Inventory: $16,100

Gross: $1,346,400
Cash Flow: $447,100

Summary Description
This is very profitable Manufacturers Representative Firm specializing in the sales of furnishings to the Long Term Health Care marketplace. Their market includes Nursing Homes, Assisted Living Centers and Independent Retirement Living facilities throughout Wisconsin and Illinois. They sell primarily on a direct commission basis and are paid directly by the manufacturers. They have an outstanding reputation for providing first rate products and services and are well respected by both their clients and the manufacturers they represent. This is a company very much in a growth mode. Everything is in place for a new owner to come in and grow the business past its already successful level. Your income is only limited by the amount of time, energy and effort you are willing to put into the business.

General Information
Year Established: 1992
Employees: 3 ft 1 pt
Facilities: Home Based

Market Outlook
Competition: This well managed Manufacturers Rep business services the largest and growing population demographic in the country. It handles only quality exclusive furnishing lines to service their large loyal client base who rely on them for their industry knowledge to help furnish their assisted living and long term care facilities. There are competitors of course but they have managed to prosper and are known for their industry knowledge, attention to detail and follow-through that has set them apart from their competition.

Growth and Expansion: The long term health care specialty furnishings industry services the largest growing population segment in the country. The company is projecting a growth level over 10% per year for the foreseeable future. The outlook is very positive with growth only limited by the amount of time and effort put forth by the new owner.

About the Sale
Financing: Seller will consider some owner financing as part of purchase
Support/Training: Seller will work closely with the Buyer during a transitional/training period to be determined to assure a successful profitable transition of the business.
Reason Selling: Seller wishes to develop another business in another field.

Contact Information
Mike Flanigan
Midwest Business Group
Phone: (414) 254-1111 or (866) 577-0427 Toll-free