Company Overview

PRIME exits and American Health Care Capital are proud to exclusively introduce a Medical Device manufacturing Company located on the East Coast. This successful company was founded in 1987 and is FDA registered and approved. The company offers state-of-the-art, user-friendly technology that has excellent reimbursement from Medicare and private insurers. They have one successful medical device in the hemorrhoid market. This maintenance free medical device has over 20 years of clinical experience and market success. The product is FDA approved and trademark protected, and it has been engineered for durability and reliability.

Growth Opportunities

Many physicians and patients choose this device over competing devices because it is safe and effective. Additionally, this non-surgical procedure can significantly shorten recovery time, allowing patients to return to normal activities immediately. Complications are rare and usually limited to minor post procedure bleeding.

The advantages of this device versus the competition include:

• Simple, quick procedure, easy to learn and use.

• No extensive training required.

• Takes only seconds to perform Instantaneous coagulation without smoke nor odor – even in a wet field.

• Less pain, fewer complications than rubber band ligation.

• No disinfection required – eliminates cross-contamination

Staff Overview

This company can be moved and managed from anywhere. The business is currently run from the owner’s home to avoid office rental expenses. All products are warehoused by a third-party fulfillment company located in the Southeast. The third-party fulfillment company manages all warehousing, shipping, handling, and inventory control. The owner has almost no involvement in these time-consuming business responsibilities.

Although they focus on the hemorrhoid treatment market, this medical device has five distinct healthcare service markets:

• Hemorrhoid Treatment

• Anal Dysplasia

• Tattoo Removal

• Hair Treatment Hemostasis

• Chronic Rhinitis

Asking Price

The asking price is $1.6 million, which excludes all receivables, inventory, and working capital. The owner will stay on board for a period to assist the new owners with a smooth transition.