Medical Equipment Company
Location Utah,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $6860000
Net Profit / Cash Flow $1027000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training Excellent training and support included
Reason for Sale Growth has outstripped capital
Description Company sources and reconditions pre-owned movable medical equipment, and remarkets the warrantied equipment to the health care industry across the United States. The equipment includes ventilators, ultrasound, IV pumps, hospital beds and stretchers, ECG monitors, surgical suites, operating room tables, and other types of moveable medical equipment. The company's modern facilities and trained employees enable it to produce equipment that looks and operates equivalent to brand new items. Sales have grown steadily from $500,000 in 2001 to $6,860,000 in 2012. Sales are expected to increase rapidly over the next several years. The Seller is afraid that this rapid growth will outstrip his capital and is the reason he is selling. He is willing to provide a lengthy transition to ensure continued stability in the growth of this successful business. The Company has an excellent employee base, is highly profitable, and has an impressive list of long term customers. The seller will provide a normalized amount of working capital to the buyer.
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