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Manufacturer Of Speech Generation Devices
Location: United States -> California -> Northern California - Bay Area -> San Francisco Bay
Industry: Manufacturing > Computers and Electronic Equipment Manufacturing

Business Summary

An excellent opportunity to acquire a company that was one of the first companies to develop and bring to market augmentative and alternative communication (AAC) products, which allow people unable to speak, to generate speech; very useful for phone conversations or face to face. For over 25 years, they have offered solutions for individuals with speech and learning difficulties. Its speech generating devices, using either text-to-speech or digitally-recorded speech, help those with ALS, cerebral palsy, stroke, or brain injury. All of its devices are eligible for Medicare, Medicaid, or insurance. It recently released a new product that is receiving very positive acceptance in the market place. The new product features a more powerful microprocessor, an even brighter screen, a USB port to allow attachment of a mouse, keyboard, etc. The company estimates they have incurred R&D expenditures in excess of $1.5M in development of the new product. This company would be an ideal acquisition for a large medical device company with a strong sales and distribution channel.

Seller is prepared to stay with the business and will accept an offer of full-time employment from the buyer. Contact for more information on this Manufacturing business for sale. BTI#7453JM


Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $473,302
Cash Flow:   $215,393
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1984
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

Print Listing Id: 700121376
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