SOLD!

Details

Medical Systems Services

Asking Price:
 $1,200,000
Annual Sales:
 $729,000
Cash Flow:
 $356,844
Inventory: Included
FF&E: $57,000
Real Estate: N/A
Employees: 1 FT Owner
2 FT, 2 PT
Location: Northern Front Range Colorado
Reason For Sale: Retirement

 

Business Description

This Company is a leading provider of depot level repair of subassemblies, circuit boards, and parts for medical systems. From its Colorado-based facility, the Company provides services to the healthcare industry, including: hospitals and imaging centers; independent service organizations (ISOs); parts resellers; and equipment manufacturers.

The Company repairs all major medical products from the industry leaders, including GE, Philips, Siemens, Hitachi, and Toshiba. Serving its market’s largest and most reputable customers, who value quality and timely execution, has allowed the Company to achieve margins rarely seen in the technology world: 37% Net Income and 49% SDE (Seller’s Discretionary Earnings) in 2018.

Represented by Dave Harris. Tell me more about this business.

Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.