Hammonton, NJ 08037
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Hammonton, NJ 08037
Hammonton, NJ 08037
Hammonton, NJ 08037
Hammonton, NJ 08037
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$ 3,400,000
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Price Dropped by $200K

Hammonton, NJ 08037

31,448 SqFt


UPDATED:

11/19/2024 12:07 AM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 31,448 sqft

Price per Sqft $108

MLS Listing ID 22415271

Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)

Year Built 1960

Annual Tax Amount $27,344

Tax Year 2021

Lot Size 3.880 Acres

Acres 3.88

Property Description

Family owned and operated contract Medical Device Manufacturer located in Atlantic County, NJ, specializing in traditional Xeroform, Oil Emulsion, and Petrolatum wound care dressings. Located on close to 4 acres with over 31,000 SF of manufacturing, office and warehouse space with approved plans to expand with another 4,000+ SF. The property includes ample parking to accommodate the required number of employees to operate the business. Annual Property Taxes are approximately $27,000. Facilities are well maintained and the business generates stable gross revenues and net profits that justify the sales price. Business inventory and work in progress along with specialized custom manufacturing equipment and quality control systems all included in the sale. The management team and key subject matter experts are willing to stay on board for a transition and training period.
Management team has over 50 years of combined experience in the medical device industry. This includes well-respected names in Manufacturing, Regulatory Affairs, Quality Assurance, Sales and Marketing. The company's core management team has been manufacturing these products since the 1980s. The products are used in hospitals, clinics, outpatient surgery centers, nursing homes, physician's offices and in-home healthcare settings. The company's product line includes a full line of impregnated wound care dressings including Xeroform, Petrolatum, and Oil Emulsion Gauze (Adaptic), Plain and Iodoform Packing Strips. The company has an outstanding Quality Control system in place, ensuring that they produce a high quality product for their customers. The business has passed numerous government (FDA) and private audits to ensure compliance with the industry they serve.
Detailed information that includes business financials, inventory, equipment, work in progress, facility expansion application and development plan and other pertinent and proprietary information will be shared with interested buyers/investors only after proof of funds are provided and Non Disclosure Agreement (NDA) is signed.

Location

State NJ

County Atlantic

Area None

Direction address available upon request with NDA and POF

Interior

Heating Forced Air

Cooling Central Air, Electric

Exterior

Exterior Feature Security System, Fenced, Lighting

Parking Features Lighted, On Site, Paver Block

Roof Type Flat

Building

Sewer Public Sewer

Water Public

Structure Type Security System,Fenced,Lighting

New Construction No

Others

Senior Community No


Monmouth Ocean MLS (MOMLS)
Listed by Keller Williams Preferred Properties, Ship Bottom

Fox & Foxx Realty

Broker | License ID: 8338311

+1(732) 486-3444

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