MergerPlace

Profitable Medical Equipment

Suffolk, New York (Suffolk)


  • Asking Price: $1,995,000
  • Gross Income: $1,230,000
  • Cash Flow: $551,000
  • Real Estate: Not Disclosed
  • Inventory: $140,000
  • FF&E: $35,000
  • Listing ID: #201867
  • Established: 1986
  • Employees: 8

Business Description

Business Description:
EXTREMELY PROFITABLE MEDICAL EQUIPMENT SALES AND SERVICE COMPANY WITH 70% RECURRING REVENUE

THE COMPANY ENGAGES IN SALES AND SERVICE OF CT, MRI, X-Ray, DR, CR, PACS, Mammo and C-Arm SYSTEMS BY A NUMBER OF LEADING MANUFACTURERS.



70% OF REVENUES COMES FROM CONTRACTED MAINTENANCE AGREEMENTS.



Company does no marketing whatsoever. All growth is organic. Can be easily scaled with the right sales force.



They sell, service, install, de-install and consult on all facets of the industry!

Decades of experience gives the the edge!



Customers include, Medical Centers, Community Hospitals, Imaging Centers, Veterinarians, Orthopedics, Urologists, Pain Management Centers, all facets of the imaging industry.

Perform comprehensive Preventive Maintenance procedures that include some of the most basic but important tasks that are often overlooked by the OEM.

This reduces equipment failure, increases equipment life and results in significant savings to the customer.


Historical Summary:
The Companywas Started in 1986 as a medical device service company.

Over 30 years has grown to be one of the most trusted names in NY for installation and maintenance.

The Company Has stayed current in the industry by expanding brands serviced and utilizing cutting edge training to stay ahead of the competition.


Business Details

Primary Business Category: Retail Trade - Health & Personal Care
Location: New York
Metropolitan Area: Suffolk
County: Suffolk

Company Information

Year Established: 1986
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $1,995,000
Gross Revenue: $1,230,000
Cash Flow: $551,000
EBITDA: $1,230,000
FF&E: $35,000
Inventory: $140,000
Seller Financing Available: Yes

Property Information

Facilities:

Monthly Rent: $ 3,700 Square Footage: 3000 Type of Location: Commercial Facilities: OFFICE/WAREHOUSE

Growth & expansion opportunities:

UNLIMITED

Competition:

RARE

Reason for selling:

RETIREMENT

Support & Training:

COMPLETE TRAINING AND SUPPORT INCLUDED

Contact Business Seller

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Business Listed By:

Mel Lisiten

LISITEN ASSOCIATES