Heart Monitoring Service Company

Not Disclosed, TX


Asking Price: Annual Revenue:
$22,000,000 $11,700,000

Services: Medical, Dental


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RE: Heart Monitoring Service Company Broker: Edward Fitzgerald

Quick Facts

Asking Price: $22,000,000
Annual Revenue: $11,700,000
Net Profit: Not Disclosed
Cash Flow: $3,150,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 75
BBN Listing #: 550149983
Broker Reference #: S-2674-G

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Business Overview:

The Company is a remote, independent diagnostic testing facility providing cardiac ambulatory monitoring solutions to patients nationwide. Based in Texas, the Company has established a vast network of physicians who regularly utilize its services to conduct cardiac monitoring studies for patients. Started less than 10 years ago, the Company has quickly grown to become a significant player in the industry and continues to expand its operations to keep up with the increasing demand for its services.

Multiple types of prescription-based testing studies are conducted by the Company for monitoring periods ranging from 1 to 30 days. With over 2,300 heart monitoring devices available to deploy, the Company maintains a consistent workflow of active monitoring studies and leverages its experienced staff of more than 40 certified technicians who collect and analyze the monitoring data to produce End of Study reports that are sent to the patient’s physician.

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Property Features and Assets:

5,000 square feet.

Market Competition and Expansion:

In just over five years of operations, the Company has successfully established a nationwide presence in the cardiac heart monitoring market and developed a strong, loyal customer base that has been key to its achievements to date. Over the years, the Company has established and created several competitive advantages to differentiate itself from the market which have been critical to its rapid success. Management has successfully implemented several growth initiatives in recent years to significantly increase the Company’s market presence and expand operations. The Company remains focused on aggressive expansion in the coming years and continues to push forward with new initiatives to accomplish its long-term strategic goals. In addition to some initiatives that are already in the works, there are other opportunities that the Company is targeting to pursue in the near future.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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