This well-established business is a wholesale distributor of disposable medical supplies. The business is solidly established and has demonstrated stability and consistent growth over its 25-year history.
The Company’s differentiation comes from its long term solid relationships with manufacturers of highly reliable and excellent quality products in China. These Manufacturers have been thoroughly vetted through physical visits with the owners, verification of manufacturing credentials and production history. The result is a clear differentiation in product quality and reliability.
The company has a stellar reputation and a national and international client base of 300+ loyal resellers. It buys its products from factories in China. Customer segmentation is 90% US and 10% international. Its international clientele comes from countries such as Mexico, Canada, and South America.
There is a tremendous upside opportunity since the Company currently does not do any advertising and has not developed a viable eCommerce platform. A new owner can inject new energy to the business and pursue a more aggressive marketing and online strategy that can result in accelerated growth. The new owner can also pursue an expansion in a variety of related product lines as well as diversify its marketing efforts to a wide variety of additional industries with strong demand for similar products.
Inventory (about $700K) and Accounts Receivable not included in asking price
The management team is willing to assist for a transitional period.
The company operates out of an 11,000 SF Warehouse and office building and has 4 employees. The operations run on a very efficient software for inventory, and financial management system.
Leased. 11,000 SF. One centrally located warehouse in Southern California. Lease expiration is negotiable.
Huge vertical and horizontal growth opportunities with new marketing strategies – both with product and services.
There are a few competitors, however, the Company’s long-established Trade Mark recognition of its quality products and the excellent customer service, have helped establish this stable growing company as a leader.
4 weeks (20 hours/week included). Ongoing support can be provided under consulting arrangement to ensure health of the business.