Biomedical Equipment Repair Maintenance Company

Asking PriceNot Disclosed

Cash Flow
Not Disclosed

EBITDA$687,047

Gross Revenue$3,279,977

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Biomedical Equipment Repair Maintenance Company


Asking PriceNot Disclosed

Cash Flow
Not Disclosed

EBITDA$687,047

Gross Revenue$3,279,977

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Description:
The Company is a biomedical equipment repair firm offering repair and maintenance services for a wide range of medical equipment, including patient monitoring devices, defibrillators, fetal transducers, suction regulators, flat panel displays, medical televisions, and public announcement systems. The Company specializes in repairing various types of cabling, such as fiber optic networks, data networks, telephones, intercom systems, and digital signage. Additionally, the Company sells aftermarket batteries, aftermarket patient cables, and hospital-grade televisions.

Key Aspects:
• Consistent Revenue: Since 2022, the Company has consistently exceeded $3M in revenue, averaging $3.4M from 2022 to 2024.
• Positive Industry Reputation: With over 25 years of providing reliable service, the Company has established a strong reputation amongst hospitals and medical facilities in Western, US, resulting in a majority of revenue being derived through referrals and repeat clients.
• Business Designations: The Company is a minority and woman-owned business, however, the Company has no set-aside contracts which rely on these designations.
• Knowledgeable Staff: The Company is ISO9001 certified, and its employees are regularly trained in Association for the Advancement of Medical Instrumentation (AAMI) and California Medical Instruments Association (CMIA) courses.

Opportunities:
• Secure Long-Term Contracts: Increase recurring revenue by securing long-term contracts with the Company's consistent clients for recurring preventative maintenance.
• Expand Geographically: Grow operational footprint by expanding operations into nearby states to diversify client base and grow brand awareness.
• Implement Strategic Marketing Initiative: Develop a marketing strategy focused on leveraging various advertising mediums, direct client outreach, and in-person sales to grow market presence, spread brand awareness, and reach new audiences.
• Broaden Service Portfolio: Expand repair capabilities to cover additional medical devices, including diagnostic equipment, positioning the Company as a comprehensive provider for clients’ medical device needs.

Headquartered:
• Western, US

Current Markets:
• The Company is a business-to-business (B2B) firm providing equipment and cabling repair services to hospitals and medical institutions across Western, US.

Real Estate:
• The Company is headquartered from an approximately 1,800 sq. ft. facility in Western, US, leased from an unrelated third party. This facility houses all of the Company's operations including sales, training, and business development. Management notes the lease is transferrable to new ownership.

Shareholder Ownership:
• The Company is wholly owned by one shareholder, who is inactive in operations and is seeking a full-exit. The shareholder's spouse is the Company's CEO and is seeking a complete-exit; however, he is willing to remain with the Company for a predetermined period to facilitate the smooth transition to new ownership.
Listing Info
ID
2419659
Listing Views
26
Attached DocumentsAttachment Disclaimer

Teaser_v_2_BN000034665_Biomedical_Equipment_Repair_Maintenance_Company.pdf


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Business Listed by: Derek Avdul Benchmark International

Listing ID: 2419659 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.