MergerPlace

Regional Medical Device Repair Business

Michigan (Wayne)


  • Asking Price: $1,700,000
  • Gross Income: $977,689
  • Cash Flow: $452,140
  • Real Estate: $300,000
  • Inventory: Not Disclosed
  • FF&E: $250,000
  • Listing ID: #210469
  • Established: Not Disclosed
  • Employees: 5

Business Description

25+ year old regional and national medical device repair business. Techs perform onsite service and repairs for medical and commercial equipment. Original owner runs the day to day with an admin and is retiring. Currently, minimal advertising or soliciting is done to add new customers. Plenty of room for growth and expansion. Building has offices and warehouse with heating, cooling, overhead doors, and 1.5 acres are available for sale for an additional $300,000. This great service business is located in Michigan near the Detroit metro in Wayne County and near multiple major expressways. A Non-Disclosure Agreement and proof of financial ability for possible bank financing are necessary to learn more about this opportunity. Please contact Jonathan Swanson at 248-688-9080 or email me at Jswanson@impcre.com for more information.


Business Details

Primary Business Category: Services - Professional, Scientific and Technical
Location: Michigan
County: Wayne

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5

Financial Information

Asking Price: $1,700,000
Gross Revenue: $977,689
Cash Flow: $452,140
FF&E: $250,000
Real Estate: $300,000
Seller Financing Available: No

Property Information

Facilities:

4000 Sq Ft insulated building with warehouse, office, and drive in doors sitting on 1.5 acres. The building is used for the owner and admin, as well as a hub for the technicians and storage.

Growth & expansion opportunities:

The business is opening its already broad range from regional to national by request

Competition:

Niche market with minimal marketing in place currently. The business is very busy with referral work and regular customers

Reason for selling:

Retirement

Support & Training:

The seller is willing to offer support and training for a minimum of 30 days and more is negotiable.

Contact Business Seller

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Business Listed By:

Jonathan Swanson

Imperium Group