"At Foster Special Instruments, we are committed to delivering top-notch products and services that enhance workplace safety and compliance with OSHA regulations. Whether you need training, testing, or reliable screening instruments, we have the solutions to meet your occupational health and safety needs. Contact us today to learn more about our offerings and how we can support your organization’s safety objectives."
Foster Special Instruments is an Occupational Health equipment sales and service provider with $1MM in annual sales volume. Building on a 70 year legacy, Foster Special Instruments is positioned to springboard from an in-person service and sales-based company into a technology-driven company in the Occupational Health vertical.
- 1000 loyal customers with strong brand recognition.
- $1MM base of revenue across multiple revenue streams.
- Diversified business revenue across five main channels supported by annual OSHA regulations.
- Company keeps businesses in compliance with annual OSHA regulations.
- CAGR of 6.5% in Occupational Health industry.
- $500k in "recurring" book of business.
- Opportunity to become dominant player in Hearing Conservation space.
- Opportunity to become dominant player in equipment calibration space.
- Opportunity to become dominant player in Training, Education, & Courses space.
- Opportunity to become dominant player in Occ Health e-commerce supplies/products space.
- Opportunity to develop software and other technologies to be acquired by major EMR in space.
- Opportunity to franchise business model to every city in the US.
Current customers include NASA, P&G, Honda, GE Aviation, Dupont, Marathon Petroleum, The Cleveland Clinic, 100's of healthcare organizations across four states, 100's of major multi-national manufacturers across many industries.
Owner & President is a 15 year veteran of the medical device and biotech industries who purchased the company in May, 2023 after leaving a Sr. Director of Sales role with a publicly traded biotech firm.
Industry is underserved in terms of technology, R&D, and compared to the medical device industry, has far less competition. Realistic revenue potential of $4MM per 100 mile radius across the US.
As the sole owner of the C-Corp, Owner & President is willing to relinquish equity in order to bring on the right partner that will assist with achieving $10x revenue growth over the next three years.
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