BUSINESS FOR SALE:                        December 9, 2011

After being in this business for more than 20 years,  we are ready to consider serious offers from qualified buyers.
Our whole company, AC Medical Supplies, is for sale, for US$ 50,000 .   Make us your offer: we are opened to offers.
This includes the company's  present stock in an estimated potential retail value of over US$ 1,800,000.00  (if the rubber or vinyl sheeting is used to make garments), the manufacturing machinery, the contact with our buyers, contacts with our suppliers of material,  the contacts with contractors, the contacts with models for product display, our mailorder information, and a computer to use for the business.  Clearly, the most valuable financial asset purchased is our existing stock, as in our warehouse.  Even if purchased for a wholesale re-sale, as is, re-selling only the ready made garments and selling the rubber or vinyl sheeting (to manufacturers of pants) as is, the estimated value of the stock is US$ 582,694.00 .   

If the only obstacle for you to buy is the price, let us know:  we could negotiate some special deal.

If you would want to buy a half of the company (including 50% of the stock, the contacts with our customers, and the full list of our suppliers and a brief training in the manufacturing) then the price would be $ 25,500. The other half of our stock (also including our customer and supplier contacts + manufacturing techniques) might be purchased by a vendor in Germany or by a British vendor in the UK.   
Or, you may consider buying only a third of our business (a third of our existing stock, the customer contacts, the manufacturing techniques, and the list of suppliers) for  $ 18,000 and this also could be paid in 3 yearly installments.  The other thirds would be sold to other vendors: we would not continue the business after these transactions are completed.

We do not sell any existing building or warehouse. You would need to arrange to have your own warehouse and manufacturing space at your location. To accommodate the existing complete stock, a warehouse is needed with the space of minimally 1,600 square feet (about 150 square meters), as well as office and work space of about 500 square feet (about 45 square meters), unless you would set up your business office (and possibly also the warehousing/manufacturing) in your personal residence, in an effort to reduce initial expenses. In the USA, even very large residential buildings sell at a low price, this year, and many of them would be very suitable.  On some locations in the Southern USA, in an effort to attract industrial activity, the local governments (state or municipal) might offer you various financial grants and incentives or other assistance (e.g., advice in  locating suitable industrial buildings or larger residential buildings at a low cost) to start your business.
Your business could be located anywhere in USA or Canada, England, or Australia or France or Germany, or another coutry within the European community or in Japan or in the Middle-East.    
We could help to arrange the relocation.  This is negotiable.
Mortgage style purchase:  Rather than receving the full sum of money immediately the 50,000, we would also accept a mortgage style transaction where the buyer would pay us certain amount, e.g., US $ 32,000  as a downpayment and then US $ 9,000 each year for 2 years, using some of his or her personal property as a collateral (e.g., a real estate, in value of US $  20,000 ), with our legal lean against that property.  We could not do this without the collateral.  Please feel free to make us an offer in a manner more viable and advantageous for you. 

For those wishing to immigrate to USA or Canada or UK, this is an easy way to obtain an immigrant's visa.
There is an opportunity to be your own employer.  The best is to run this as a family business, without hiring any other staff.  You can travel the world (a legitimate business expense) and have the opportunity to help the sick and disadvantaged.  Most of our customers (more than 90%) are in the USA or Canada and they own their own computers and are in touch with us by e-mail.  Our customers as a group could be best described as intelligent but disabled persons.  Our customers purchase from us on a repeated basis because our merchandise is of high quality.  This is extremely difficult to achieve without many years of experience, hard work,  and without contacts with suppliers of materials, etc. :  we sell the existing stock + the expertise + the commercial contacts.
Our company involves manufacturing, designing new products, contracting out some of the labor, importing, exporting, retail (mailorder sales and direct contacts), wholesale (e.g., to medical supply stores or mailorder companies).  We will provide all information we have needed ourselves to run the business and we would also stay in touch to train you and coach you in the first 5 months. Multilingual support (translations) is negotiable, however, it is not necessary because the correspondence with customers in languages other than Engtlish (French, German, Spanish, Portuguese) accounts only for a tiny part of our sales, as shown by our sales files.
If you wish, you could also purchase the company at a lower price (20% discount) with the agreement that we would retain rights to sell to countries that are not using English as their official language (in Europe and in Latin America): then, you could continue the sales in English wherever you please.
Many people attempt to idependently start their own mailorder business with reusable incontinence pants each year and almost always their company is defunct within 2 years.  The usual reasons for this usually include:
1) reliance on too expensive or unreliable suppliers (manufacturers of vinyl or rubber sheeting and related contractors) or being cheated by unscupulous "manufacturers" that, at the end, deliver defective merchandise once you place a very large order (9 of 10 manufacturers may supply defective merchandise),
2) inadequate manufacturing methods, and
3) a lack of a large network of steady customers (retail and wholesale), those familiar with the high quuality of your products.
These factors result in an inadequate income, a too low income to continue in the business.
The estimated time expenditure for the new owner(s):    15 to 50 working hours per week, for 2  staff members, depending on the number of incoming orders.  It may be of advantage to do this as a family.  The amount of time may unpredictably increase or decrease.   The time needed to accomplish the various tasks depends on the speed and style of your work as well as on how the future (in particular, the relationships with customers and suppliers) would develop.  The business could not be handled by one person only, as an addition to another full time job: in this case, the single owner would need to hire some part-time help.
The best location for the business:   USA (preferably not Alaska or Hawaii) because most of our customers are in the USA.   On some locations in the Southern USA, the local government might offer various financial grants or other assistance (e.g., advice in  locating suitable industrial buildings at a low cost) to start your business.
However, with the North-American free trade agreement, Canada is also an excellent location.
An opportunity to engage in charity:
We have donated reusable diapers for a hospice for chronically ill orphans in Honduras and also, for many thousands of dollars, diapers in adult size to the World Medical Relief (Detroit, Michigan).
In 2001, we gave incontinence pants in value above US $ 20,000  to a Christian charitable organization with the seat in Southern USA.
We also donated plastic pants to one of the American cerebral palsy associations, in the area of St. Louis, MO.
About 15 years ago, we also donated hundreds of plastic pants to the World Medical Relief (Detroit, Michigan).
We also support the National Foundation for Continence (USA) and the scientific biochemical research on cancer (via financial donnations to a major Canadian university).   

We also donated money for scientific research on cancer (research carried out at a major Canadian university) and for research on Multiple Sclerosis.
Warehouse:  to accommodate the existing stock, a warehouse is needed with the space of minimally 1,600 square feet (about 150 square meters) and of considerable height (at least 8 feet, i.e., about 2.4 meters), as well as office and work space of about 500 square feet (about 45 square meters).
The merchandise in our stock:  this is the most valuable part of your purchase and logically the main reason to purchase our company.  The other items such as the machinery or computers are irrelevant as their value is very small.  However, the information on manufacturing methods, business contacts, and the list of customers is certainly of enormous value and essential for the success of the business: we would provide you with all this, after the purchase (the purchase includes the business information + the entire stock, i.e., the plastic and rubber sheeting, all reusable waterproof pants, related garments, and reusable diapers).  To see the list of the most important parts of our current stock (the stock you would own), please click here: our stock   The list is old, we now have more merchandise than at the time when this list was prepared.

Many interested persons assume that they could manufacture or buy their own stock.  Of course, they could purchase the vinyl or rubber sheeting (9 of 10 suppliers sell you defective merchandise)  or order plastic or rubber pants from a contractor (9 of 10 suppliers sell you defective merchandise).  In our experience, even US or Canadian manufacturers may  supply defective merchandise.  We have more reliable suppliers.

In our experiences, most companies when approached will provide you with perfect samples of the merchandise prior to your purchase in a large order. Unfortunately, this does not mean that even only 20% of the subsequently delivered merchandise would be in a condition suitable for retail sales.  In 9 of 10 cases, more than 20% of the delivered merchandise is defective.  Occasionally, 100% of the delivered merchandise is inadequate.  For example, the pants #180 in our stock are sold for less than we paid for them to a manufacturer in Taiwan (our current price is US $ 3) many years ago: they look beautiful but their seams were poorly welded on the hipside and the sewing of the elastics was careless.  Similarly, the pants #153  were erroneously made for us from a lightly textured white plastic  (as commonly used in some hospitals in the USA and in US surgical supplies stores) and so we sell them for only US $ 2 each.  While other suppliers consider them as "reasonably good", we consider them as substandard.  This is also the reason why, in the list of the current stock, we did not include these pants #153 and #180 because their value is trivial, at best: they are still in our stock in a large number, but their price is too low to be worth counting them: they are in our Liquidation Pages.  

Recent financial history: 
The data below are those reported to the government taxation office for the purpose of income tax.
The Gross Income = total sales (amount of money received from customers) varies from year to year.  
In the last  5 years, the sales were as follows, after conversion to Canadian $ : 
Year:          Sales, converted to Canadian $  (at present, 1 Canadian $ = 1 US $, approximately):
2005          86, 073 
2006          74, 400
2007          78, 321
2008          79, 363
2009          84, 365 (as filed this year to the Canadian government income tax office)

The  expenses (postage, telephones, transport, gasoline, car expenses, internet, electricity, heating, property tax, insurance, advertising, office and computer supplies, and international travel for marketing) were $ 28, 191  in the last fiscal year (i.e., 2009).   
Please avoid idle questions as we are very busy:  please consult at first a person in your neighborhood who has a business experience or speak to an accountant.

Some accountants may advise you that to purchase a business, the net income should be such as to enable the buyer to recover the purchase price within 18 months.  However, this rule is true about businesses that do not provide you with the stock of potential retail value of over US$ 1,800,000.00 .

The current value of our entire stock of merchandise (latex pants, rubber sheeting, vinyl sheeting, garments), at the current wholesale price as in our wholesale catalog, is US$ 582,694.00 .   Since we sell the entire business (including the stock) for $ 50,000, you would pay only approximately 10% of our current wholeesale price.  

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Our price (for purchase of our company):    The price includes  the stock (estimated retail value of about US $ 1,800,000.00 ) plus the documentation about our manufacturing techniques, about our material suppliers and the contact with our buyers (included in the price).   We sell the company for  US$ 50,000 .   The asking price may change without notice: if serious, please inquire about the current price. Only if you definitely qualify financially and if you are very seriously interested, e-mail us to:   acms@acmedi.com.
Please no idle correspondence, there are many "dreamers" but very few "go-getters"  and we do not have  time for idle chatting.  If you are a go-getter, please contact us with a reasonable counter-offer.
Please do not request a telephone contact before you have all essential questions answered per e-mail. Writing an e-mail may help you to clearly formulate your questions.  Furthermore,  you would have an extensive written documentation about your questions and our responses.  However, please avoid asking questions for which you can locate answers in this internet summary.
We have had too many people contacting us in a very idle and casual manner, perhaps as a way of nurturing a day dream of being a business owner, however, without being down-to-earth about it.  Before any telephone contact, please prepare a draft of a legal document about the purchase (preferably with the help of your lawyer).  It is important that you would be comfortable with the text of the document. We would then jointly review the text and suggest corrections or changes.  The final version of the sale document would actually include the list of our existing stock with its current wholesale price and retail price and you would be asked to inspect the stock.
Before any telephone contact with us, please also start inquiring about the price of renting or buying a suitable building (clean, dry, medically free of harmful bacteria or molds, etc) with the space of minimally 1,600 square feet (about 150 square meters), where you could also have office and work space of about 500 square feet (about 45 square meters) unless you already have such a building.
We could not do this for you.  The exception could be made with a  wealthy immigrant  who would already purchase the business from us first, beforehand, with the condition that we subsequently help you to find a rental building to accomodate your stock and manufacturing (if he or she would ask for a building in our city).
We are willing to negotiate a discount with those who approach us in an organized and time-saving manner.  However, we could not give away some of our business secrets before you purchase the stock.  For example, an interested person asked us to mail her photographs of our machinery, however, we do not wish to reveal our manufacturing secrets to potential competitors, free of charge.  Our products are of good quality and we have some steady wholesale customers that have been re-selling our products for more than 15 years.  This alone shows that our manufacturing technology is indeed satisfactory.
Please do not approach us on impulse: carefully prepare your questions first.  And, to ask yourself if you are ready, even before talking to us, please carefully consider the following:
1. if  you can raise the money for the purchase within the next 4 months, or negotiate a mortgage style purchase with payments spread over several years,
2.  if you have good writing skills (you would need to write letters to your suppliers and to your wholesale customers and answer e-mails),
3.  if you have sufficient time (15 to 35 hours per week + the help of another person) for this work (manufacturing, warehousing, correspondence, transport of goods, packaging of ordered goods for your wholesale or retail customers, delivering their parcels to a post office or UPS, preparing the documents for customs, etc.),
4.  if you have or can find a suitable building at a suitable location,
5.  if you can prepare the legal document about the purchase (with the help of your lawyer).
To think positively, please consider that if you deposit your $100,000 in a bank, the highest yearly interest rate the banks now usually offer in Canada or USA  is  far below 6%.  Leaving your money in the bank accounts is a safe and common practice and it does not require much work.   However, if you purchase and then re-sell our present stock, you might turn the$ 50,000  into $1,800,000 , i.e., you might  obtain at least 28 times more than your initial investment (i..e., an interest of  more than 2700.0 % rather than 6.0 % only).  Even if your business expenses would unexpectedly mushroom to 50% of your income, you would still earn 1350.0 % interest, through your creative work.
Personal note: We have tried to sell the company now for about 5 years, there were different types of people interested, most of them did not realized how much work it involves (physical work, inlcuding sewing, packaging, carrying heavy rolls of meterials, making parcels, etc, as well as extensive e-mail correspondence and computer work) and even those who had the money did not seem to really have a good idea on how to run the company.  It would be best suited for a family that has a large house with an extensive adjoining land and if they could build an addition to the house where they could store the goods and work.  It could give them independence.  They could choose where they want to live as they would not depend on an employer.
Other alternatives:  Buying a special part of the business 

We consider selling separately the manufacturing part of our business (making plastic and rubber garments with sewing machines), at US$ 20,000 .  This would include the rolls of rubber and rolls of plastic, some of our sewing machines, the sewing patterns,  coaching in manufacturing the garments as we have manufactured them here on our site in Canada, and the list of customers & our contacts with the suppliers.  This includes the manufacturing of garments in the style of  Susan, Christie, and Olga.  Make us an offer.

We consider selling separately our existing stock of plastic & cotton garments (plastic pants and diapers: more than 20,000 garments, made for us by contractors in Asia, Germany, and USA), at the price of US$  23,000   (i.e., about $1.15 per garment, most of which sell in retail for at least $10 each).   This would include our contacts with the existing suppliers. These garments include #020, 125, 128, 150, 151, 155, 207, 403, 450, 487, 970, 111,  113, 152, 153, 195, 198, 442, 444, 551, 555, 570, 804, 803, 821, 997, 998, etc.   

We consider selling separately the existing stock of  our latex pants (more than 10,000 garments), at US$ 20,000  (i.e., about $ 2  per garment) .     This would include our contacts with the supplier.  The sum can be paid in  2 yearly installments.  Make us an offer. 

Yet another alternative:  if you buy merchandise from our bulk sale page for at least US $ 17,000, you can obtain the information about our suppliers (this is negotiable) and manufacturing methods.   However, we keep the right to pass on this information to other buyers of our remaining stock, whatever remains after your "bulk" purchase.  See the bulk sale list:  http://www.acmedi.com//acms/BulkSale.html.