Medical Device and Installation Company
DeKalb County, GA
| Asking Price: | $1,500,000 |
| Gross Revenue: | $2,000,000 |
| FF&E: | $50,000 |
| Cash Flow: | $429,510 |
| Inventory: | $50,000 |
| Established Year: | 1996 |
Listing ID: 2294024Listing provided by BizBuySell
BUSINESS DESCRIPTION
Tremendous Growth Potential
Founded in 1996, the Company is a leading distributor of high-quality medical equipment and solutions. The Company specializes in providing a comprehensive range of services, including equipment sales, professional installation, and maintenance, ensuring a seamless experience for its clients
DETAILED INFORMATION
Location
DeKalb County, GA
Inventory
Not Included in asking price
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Central warehouse with a meeting room and office utilized for equipment storage and rotation, occasionally serving as a delivery hub for hospitals
Additional storeroom and office at lead service technician's residence
Adequate space for future growth, supported by favorable landlord and neighbor relationships
Competition
Medical distributors play a pivotal role in the healthcare supply chain especially for the instruments and equipment industry due to the growth in hospitals CapEx budgets
Pre-pandemic, rising healthcare demand, driven by aging populations and expanded insurance coverage, fueled steady growth in the sector
Deferred care during the pandemic has spurred a post-COVID surge in medical supply demand, with revenue growing at a CAGR of 3.7% to $345 billion by 2023
Current challenges (supply chain disruptions and shortages) combined with higher operating costs ar
Growth & Expansion
Expand Geographies
Enhance Sales and Marketing efforts
Increase Revenue Mix of Service Contracts with Recurring Revenue
Expand Product Lines
Financing
TBD
Support & Training
Owner willing to provide 6-12 of transition period
Reason for Selling
Retirement
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