Business Description
For sale is a 5-year-old business that sells FDA-approved Class IV medical lasers for use in chiropractors, physical therapists, medical offices, and other health care professionals. Healthcare providers use class IV lasers to treat chronic knee pain or arthritis, chronic Achilles tendonitis, elbow pain or tendonitis of the elbow, and chronic wrist pain.
This company is the only one allowed to sell this specific laser to chiropractors in the United States. Healthcare facilities choose this laser over others because it costs one-third to one-half less than competitors and has a better warranty than the competition.
The company has been on an uptrend of growth, with a dip in SDE in 2020 due to COVID. 60% of the sales are direct, and 40% are by dealers and distributors. It’s a simple business that doesn’t require many employees to make it function and is run out of the owner’s home. In Addition, it is 100% debt free with no loans, encumbrances, or pledge securities.
| 2019 | 2020 | 2021 | 2022 | |
| Revenue | $ 1,313,313 | $ 935,435 | $ 1,961,097 | $ 2,244,354 |
| SDE | $ 295,508 | $ 74,874 | $ 445,874 | $515,629 |