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Spinal Implants Manufacturer
Location: Greece -> Thessaloniki
Industry: Health and Medical > Medical Devices




Business Summary

The only spinal implants' manufacturer in Greece. We were the first to introduce spinal implants' technology to the Greek market back in 1993.

Having performed few hundred operations with imported products from major manufacturers in the USA, France, Germany, etc we came up with improvements that could be done on implants' design so as to get better results and thus started working on our own ideas.

Our first product was released in 2005 and since then we have released three more implants for both the Cervical and Thoracolumbar spine.

All products are CE marked and come with their fully instrumentation line.

Except for already manufactured products we also have two more patents for non released products.

Company does not own manufacturing facilities since have always been using subcontractors abroad (Germany, Switzerland, Israel), be it for mechanical and biological testing & manufacturing since this allows more flexibility.

Company can be sold with or without real estate.

The spacious and luxurious office is located in central part of Thessaloniki city with easy access to both city's center but also the airport and hospitals/clinics.

We have successfully exported to Turkey over the years.

There is a stock of our own implants but also high technology imported implants too.

Asking price: 800000 Euro (including the office & small warehouse).

Reason for sale: Both partners have retired due to age

Telephone: +30 6944 24 39 23


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $500,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1964
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Retirement due to age




Print Listing Id: 700348315


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Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

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