Profitable Medical Equipment Firm, Owner Retiring

Florence, AL
Lauderdale County

North Alabama


Asking Price: Annual Revenue:
$995,000 $1,169,355

Services: Medical, Dental


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RE: Profitable Medical Equipment Firm, Owner Retiring Broker: William Bruce
Owner Financing is Available!

Quick Facts

Asking Price: $995,000
Annual Revenue: $1,169,355
Net Profit: Not Disclosed
Cash Flow: $290,152
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 315958053
Broker Reference #: Not Disclosed

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Business Overview:

This very profitable company is a dealer for several lines of medical equipment in a territory encompassing northern Alabama and Mississippi and the western half of Tennessee. The firm represents some of the leading equipment manufacturers in the market and is the dominant supplier in the territory.

This highly respected firm was founded in the 1980s and its enviable reputation now spans over 35 years. The business is for sale only because of the retirement of the owner.

Revenue is balanced between sales and service. Revenue streams include facility design and engineering, sales of new equipment, repairs, upgrades and routine service contracts.

The company has over 50 loyal, repeat customers with no one customer accounting for more than 10 percent of total revenue. The top 20 customers would comprise approximately 50 percent of revenue.

The new owner of this business could expand the revenue and profits by broadening the product lines to include related equipment not currently offered. While this challenge would involve developing expertise in different technologies, the ability to "piggy-back" the effort on the loyal customer base would provide a platform for dramatic business growth. The existing owner has chosen to focus on their current core expertise.

For additional information on this rare possibility, please contact William Bruce from this website. A confidentiality agreement and qualifying financial information are required to receive details. We look forward to showing you this excellent opportunity.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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