Medical Products company valuation

Hello All -

I am evaluating to acquire a Medical Products company. They have around couple Million in sales in 2024 and broke even with maybe $100K in profits and rest are all operational and marketing expenses. There is an upside to increase sales by 4-5 times in 24 months, maybe room to squeeze out some expenses.

I have never acquired a products company before and would like few thoughts on what you all think.

> Do Product companies trade at 2-15 times rev based on revenue size? I know that is a wide range, but this is what I could find with a quick online research.

> Would you acquire a company that is not yet generating cash today, but may/could tomorrow?

> This is in an industry (healthcare) I know a bit about, but don't have much experience running marketing / sales for companies like this. If you are in a similar boat, would you be cautious or say lets roll up the sleeves and figure it out?

> Lastly, how would you structure the deal? % of equity buyout, seller financing, $ of debt that you can put on it, etc.?