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Apr 4, 2018 — Family owned dental product manufacturing business established in 2005. They differentiate themselves by superior quality – color matching very precisely. Sales & marketing 100% rely on referrals. 80% of the referred potential customers become customers – high conversion rate. Have dedicated QA specialists in charge of quality. Over the years, they’ve developed strong relationships with customers.
A new owner could use digital marketing to boost revenue. He/she could hire some sales people to develop more key accounts. Some work could be done to improve efficiency. There is potential to significantly scale up the business. NDA is required for comprehensive package on file with broker.
Inventory: Included in asking price
Real Estate: Leased
Building SF: 1,050
Lease Expiration: 4/30/2021
Facilities: Facility with all equipment included in the sale.
Competition: Differentiation factor: higher quality and higher prices. It does color matching very precisely.
Growth & Expansion: Could try to promote the products through more marketing. Currently 100% reliance on referrals.
Financing: If the price and deal structure is right.
Support & Training: 4 weeks at 20 hours per week.
Reason for Selling: Health reasons.
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