EXTREMELY PROFITABLE MEDICAL EQUIPMENT SALES AND SERVICE COMPANY WITH 70% RECURRING REVENUE
(MEDICAL EQUIPMENT, MEDICAL EQUIPMENT SALES AND SERVICE)
SUFFOLK, NEW YORK
Listed Price: $ 1,995,000
Listing ID: xCNY220102
Listing DetailsGross Revenue: $ 1,230,000
Cash Flow: $ 551,000
FFE: $ 35,000 (Included in Price)
Inventory: $ 140,000
Form of Ownership: C Corp
Terms and Conditions: NEGOTIABLE
Reason for Sale:
RETIREMENT
Training & Support:
COMPLETE TRAINING AND SUPPORT INCLUDED IN SALE
Listing SummaryBusiness Description:
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.
The Company does no marketing whatsoever. All growth is organic.
The Business 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 them the edge!
Customers include, Medical Centers, Community Hospitals, Imaging Centers, Veterinarians, Orthopedics, Urologists, Pain Management Centers, all facets of the imaging industry.
They 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 Company was Started in 1986 as a medical device service company.
In Business Over 30 years, the company 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.
Owner Qualifications:
Business Experience helpful
Competition:
Minimal
Potential Growth:
Unlimited
Financing/Terms:
Negotiable
LocationMonthly Rent: $ 3,700
Square Footage: 3000
Type of Location: Commercial
Facilities:
3000 SQUARE FOOT OFFICE/WAREHOUSE IN A COMMERCIAL BUILDING
OperationYear Established: 1986
Days & Hours of Operation: M-F 8-5
Owner Hours: 40
Employees: 8
Managers: 3
Absentee Owner: No