Business For Sale

Fully Scalable High Margin Radiology Equip Repair

Houston, TX
Harris County


Asking Price: Annual Revenue:
Not Disclosed $4,700,458

Services: Medical, Dental


Request More Information
Contact the Seller

RE: Fully Scalable High Margin Radiology Equip Repair Broker: Peggy Tate

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $4,700,458
Net Profit: Not Disclosed
Cash Flow: $1,060,512
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 169113260
Broker Reference #: 8071PT

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

In business since 2009, this turn-key radiology equipment sales and repair services company is now the Saks Fifth Avenue of the radiology repair industry, providing a high-touch, single point-of-contact, customer care experience for its clients. The Company designs high-functioning imaging centers, while selling top-branded equipment to fit the client’s specific needs and managing the entire radiology project from start to finish, including training clients’ personnel. From there, the Company proactively keeps the equipment fully functional on an ongoing basis to maximize its clients’ ability to serve their patients, such as ensuring the client’s radiology suites stay fully compliant with all new state requirements. With 24/7 service that boasts a 3.8-minute phone response time, the Company makes outstanding personal service and customer satisfaction its number one priority. The Company utilizes a fully-scalable business model that is designed to generate high profit margins with very low risk. Currently, the Company operates in 9 states and continues to expand. There are 3 primary sources of revenue: 1) monthly maintenance service contracts, 2) repairs on a time-and-materials basis and 3) sales of radiology equipment including image archiving solutions. Approximately, 31% of the Company’s revenues are generated from 36- to 60-month maintenance contracts. An additional 26% is generated from repeat clients for time and materials repairs. Currently, almost all of the Company’s roughly 70 clients are independent, stand-alone emergency medical clinics. The other clients are micro-hospitals, which are quickly starting to trend as the decline in health insurance reimbursement rates make mega hospitals less attractive from an ROI standpoint. Micro-hospitals require even more equipment investment than emergency medical clinics. The Company’s owner works about 8 to 10 hours a week, mostly from his home office. (He has only spent about 5 hours total in the office in the last 90 days). So far, the Company has grown only through word of mouth without any advertising or marketing campaigns. Its growth has been funded organically, without outside loans or investment. The business is being sold because the owner is an entrepreneur who prefers starting businesses rather than managing them. He will work to ensure a successful transition and would consider an on-going role spearheading new business initiatives for the new owner. This business has been qualified for an SBA loan. It will likely take a 20% down payment and a strong buyer. Please refer to CBB Listing #8071PT

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.

Property Features and Assets:

2,112 square feet facility in office building.

Market Competition and Expansion:

Aggressively market micro-hospitals.

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.

Documents:

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!