Medical Device For Dermatology Market For Sale
FDA Approval in U.S.
Listing Number: 1584
Asking Price: Offers Invited
2019 Projected Revenues: $450,000
Projected Cash Flow: $300,000
A medical device that treats conditions in the dermatology market is available for sale! This is a fantastic opportunity to purchase an established company, but one that is poised to experience tremendous future growth. The company has the exclusive manufacturing and distribution rights to this device, which is current FDA approved in the U.S. and approved in several countries abroad.
Sales have been increasing year over year with very little marketing, since the owners have focused more on the regulatory process and organic growth. They have mainly marketed at medical conferences, and have therefore not reached all potential customers, which include dermatology offices and medical spas. With the aging Baby Boomer generation, there is a growing need for the treatments provided by this device and that need should continue for well over a decade and beyond.
Expansion into Canada, Europe South America and the Middle East are in the plans for 2019-2020, along with an expanded U.S FDA approval to treat different types of dermatological issues and areas of the body. Therefore, this company is on the precipice of tremendous growth and is a fantastic acquisition for a buyer with healthcare experience or a company with connections in the dermatology or medical device space. The business operates out of a home office and is manufactured off-site so can therefore be relocated anywhere.
Special Points of Interest:
- FDA approval in U.S. with many approvals abroad and pending
- Owners Have only reached a small sector of physicians - lots of potential to reach more customers
- Very high profit margins of 70%
Support & Training: The owner will provide necessary support and training.
Reason Selling: To focus on other business interests