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Medical Implants Business for Sale in Thessaloniki, Greece

For Sale: Spinal implant business with patents, stock of products & luxurious office.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees < 2
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Medical Implants
Locations  Thessaloniki
Local Time 9:34 AM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 850 thousand (Native Currency: EUR 800,000)
Reason: Owner has retired due to the old age so we would like to sell the business. We are open to selling t... View More
Includes physical assets worth USD 750 thousand
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Business Overview

- Spinal implant business stopped operations a few years ago based in Thessaloniki city.

- We design cervical cages, lumbar cages, spinal fixation system with screws and operate patients.

- Have performed hundreds of operations till date.

- Back in the days, we were importing implants from big companies from USA, France, Germany, Canada, Spain, Brazil. Based on our experience in operating patients we invented improved implants with dedicated instrumentation which could reduce the risk of injuring vital tissue.

- Our first product was released 15 years ago. This made our company's name a staple for spinal surgery in Greece.

- Our products were manufactured by subcontractors abroad (Switzerland, Germany, Israel) since we don't own manufacturing facility except for a rapid prototyping machine.

- We released four products (patented & with CE mark) in the market and exported them during our operations.

- We have two more patents that aren't realized as products.

- Unfortunately, both partners have grown old and the company has stopped operations for a few years, however, products have already been CE marked and can be used. Also, patents can be also utilized and realized.

- Buyer would get the business with the land, building, patents, furniture, website, tools, equipment, inventory. Company can also be sold without the real estate depending on the buyer's need.

Products & Services Overview

We have designed and patented cervical cages, lumbar cages, spinal fixation system with screws (imported), rapid prototyping machine to operate on patients and fix their problems.

Facilities Overview

- Owned 194 sqm office located in the central part of Thessaloniki city with easy access to the airport, hospitals & city centre. Office is one floor with 2 storage areas, WC for men and women, small kitchen and many desks. It's in very good condition with a sea view.

- Owned small warehouse close to the office.

- We are open to selling the business without the real estate for a lesser cost.

Capitalization Overview
Not Disclosed
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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