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SUFFOLK COUNTY, NEW YORK This company designs and produces high quality prosthetics and orthotics for a variety of patients: amputees, veterans, athletes, and children with limb abnormalities. The company offers complete customizability of its products to meet each customer’s needs through easy-to-use software and computer-aided-design.
It operates on a B2B business model, selling direct to orthopedics, physical therapy centers, nursing homes, hospitals and similar clinical practices.
The business has served the greater New York area for 16 years and has strong ongoing relationships with key clients like Northwell Health and other clinical institutions.
LISTING DETAILS Reason For Sale:
The owner is entrepreneurial and is looking to start a new business.
Training & Support:
1 admin, who provides the following breakdown of administrative duties: authorizations, billing, accounts payable, and managing relationships with referrals. The owner will provide transition services for 3 months, or as needed.
OPERATION Year Established: 2005
LOCATION Lease Option: 8/1/2024
Monthly Rent: 2500
Square Footage: 2700
SUMMARY Historical Summary:
The business is an established franchise.
They were one of the first NY-based providers to use CAD in designing prosthetics and orthotics, and they have since perfected the process. While many competitors still perform manual “hand-casting”, they use digital scans to more quickly and accurately serve clients.
3D printing has recently become an affordable way to scale-up in the industry, as it will dramatically reduce time, material and labor, and in turn, cost. Furthermore, macro events like the aging boomer population and increasing diabetes rates, have fueled ever-increasing demand for prosthetics and orthotics.
A small American Web Hosting Company for Sale, Shared hosting on 3 servers, many established clients some over 10 yrs, many over 5. There are 168 actives that mainly pay monthly.
Revenue is about $3,000 per month and stable.
$3,000 USD / Month = $36,000 USD / Year EBITDA
For sale is a body jewelry eCom business that was started in 2004. The owner's vision was to provide women with beautiful body jewelry that is easy to wear and quick to change. The customers love the products as it their sexy little secret and high-quality jewelry at a great price point.
The owner has run this as a solo owner operator business for years, working four hours or less a day, but it can be taken in many different directions. With a market of 30,000,000 women looking for these products there is still strong room for growth. In addition to their own website and various sales platforms (Etsy, eBay, Amazon) the owner has wholesale distributors in the UK and Australia.
One area that can be leveraged more is social media. Multiple celebrities are wearing these products and the business has also been written up in multiple media outlets.
Highlights & Key Assets:
o Established business that still has room for growth. o Trademark for brand. o Patents (2) for product molds. o All platform accounts are included: Amazon, Etsy, eBay, Shopify. o Equipment to make the jewelry is included: injection machine and molds, tooling (4), micro welder, and hand tools. o Email lists of approximately 22,000 contacts. o Extremely easy business to run with plenty of potential for growth in the right hands. Doesn’t require much space for operations about 400 ft.² (a spare bedroom or a basement office will work just fine).
The company owner is willing to offer training and also provide 6 months of virtual support. This is all flexible depending on your needs.
They will also create videos on how the products are made for ongoing reference. Owner is also willing to design new lines and develop new sizing structure on a consulting fee basis that can be pre-negotiated.
Reason For Selling:
The owner has been running this business for 16 years and is ready to move on. She wants to travel and spend time away from the office (including visiting family in the UK) which she has been unable to do for the last several years since getting divorced.
This is one of those smaller businesses that in the right hands can grow. The owner's background is manufacturing, and she is limited on SEO and marketing capabilities. She has created a good foundation but somebody with more knowledge and experience will be able to grow this business in ways she is just not able to.
For sale is a set of two iOS photo editing apps with over two years of history. There are over 4,000 total subscribers that pay $1.99/month, $9.99/year or $19.99/year for various features. One app lets users apply Lightroom presets. The other app lets users create lifelike atmosphere in their photos by adding natural elements.
Highlights: o Growing market o Recurring revenue o First iOS app that lets users use LightRoom Presets on mobile o Loyal customer base o Featured on 25+ countries on the App Store o Instagram account with 48K followers o 7.5% conversion from download to paid o Main app has a 61% retention rate
Reason Selling: Due to COVID, unfortunately the owner lost the key team member who started these apps and lacks the marketing expertise to keep growing them.
WESTCHESTER COUNTY, NEW YORK The company is growing and now has over $17Million in a pipeline of committed work. They focus on infrastructure & municipal projects such as highways and toll infrastructure and sign construction for bridges & tunnels. Their specialty is in large infrastructure projects as well as any site preparation associated with a job. With over $2MM in assets, including heavy machinery, tools of the trade, and company vehicles, all equipment is in place for continued success.
The team of foremen and workers maximize their awarded contracts through competitive bidding and strong professional relationships. Currently in contracts are 17MM in work-in-progress and upcoming projects. This is a woman-owned certified business. The owner and her husband currently work within the company. One owner is willing to remain on staff throughout the transition or beyond, as desired. Assets included in the sale: Equipment: excavators, supplies, safety equipment, rigging, tools, office equipment Vehicles: $80,000: Trucks, trailers Work in Progress: $17MM Inventory: $70,000 Intangible Assets: Positive reputation for completing large-scale projects LISTING DETAILS Inventory: $70,000 (Included in Price)
Reason For Sale:
Training & Support:
Seller Training Period: Owner - 1 year TBD
LOCATION Facilities Information:
They lease a 10’500 sf. Bldg. with 2500 sf offices. Yard space of .5 acres. Also have an additional bldg. with 8000 sf warehouse and .5 acres of yard space.
This business has been growing profitably and should continue to grow. Other opportunities are to manage utilization and profit margins, increase the team to increase capacity, increase local work contracts awarded, increase capital to increase bonding capacity. Add website and internet visibility.
Los Angeles, CA A 6 year old branded eCommerce company offering a functional fitness subscription box service to over 7,000 customers. The contents of the monthly box are fitness apparel items, fitness supplements and small workout equipment. They procure these items from various manufacturers, box them up and ship to their customers. The business offers consumers a convenient and fun way to discover new products and brands that complement and elevate their functional fitness lifestyle.
15% revenue growth expected in 2020 7,300 monthly subscribers and growing 89.9% customer retention rate in Q3 2020, up from 85.4% in Q3 2019 Two owners focus on strategy, operations and partnerships One of the owner's wife works part-time on marketing Loyal and well-trained staff that is hourly rate compensation, most have been with the company for 2 to 4 years Owners are willing to stay on post sale or depart
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