Medical Imaging Service & Repair Company

Not Disclosed, NC

Not Disclosed.

Asking Price: Annual Revenue:
$1,750,000 $1,050,568

Services: Medical, Dental

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RE: Medical Imaging Service & Repair Company Broker: Rob Melhem

Quick Facts

Asking Price: $1,750,000
Annual Revenue: $1,050,568
Net Profit: Not Disclosed
Cash Flow: $454,347
Total Debt: Not Disclosed
FF&E: $1,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 7
BBN Listing #: 78974955
Broker Reference #: 1309-14668

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Business Overview:

Medical Imaging Service Provider. The company services and repairs medical imaging equipment. Existing contracts are Evergreen - meaning they auto-renew and are transferable. Company is well-established with over $1MM in revenue and very lucrative bottom-line cash flow. Plentiful inventory included.

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Property Features and Assets:

Currently, the company is in a month-to-month lease situation in NC. However, the company can be relocated anywhere the new owner desires. Service contracts are for companies all over the country - and there is no required location for the headquarters/warehouse. Total Assets Included: $1,001,000

Market Competition and Expansion:

There are over 14,000 serviceable machines in operation in the U.S., nearly all of which are under some form of service contract. There are dozens of repair and service providers. Typically, a machine will be serviced by the company that supplied the equipment for one to three years as part of the original purchase agreement. After that period of time, it is not uncommon for the medical facilities to shop the service contract for better pricing. Ideally this company would be considered a fold-in acquisition for an existing business in the industry. Someone new to the industry could market for new service contracts from the vast number of medical facilities that use medical imaging equipment. Additionally, the current ownership will provide the new owner with a list of roughly 20 companies interested in shopping their service contracts - and assist them soliciting business during the training period.

Reason for Selling:

The partnership wants to sell the repair contracts

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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