Wholesale/Dist. - Durable Goods | Services - Health, Medical & Dental

Asking Price	$795,000	Inventory	$83,000*
Gross Income	$2,000,000	Real Estate
Cash Flow	$257,388	Year Established	1987
FF&E	$155,000*	Employees	12

* included in the asking price

** not included in the asking price

This company sells and services major medical equipment and supplies to hundreds of customers in several states. It is organized into specialized groups to ensure that each discipline within the company is able to provide the most efficient, professional and knowledgeable services possible. They have been in business for over 20 years and have 12 employees. Staff includes 7 Service Engineers, 2 Sales Reps (one is the president of the company), an office manager, and 2 office staff. Equipment sales make up approximately 50% of total sales and equipment repair and service, along with scheduled maintenance contracts make up the other 50%. They are one of the only companies in the area providing a certain mandated service required on a regular time basis. The company operates from two locations in order to service a large geographic area. They have an excellent and informative website which is updated continuously with their new products and services. The sales team is very accomplished and professional. Each has a broad based and specialized clinical experience affording them a full understanding of clinical and technical needs and requirements of their customers. The service department is organized into specialized groups each with specialty knowledge in equipment service, processes, system design, and upgrades. The service engineers undergo continuous factory training and are fully supported by an OEM support team. The company has served hundreds of facilities throughout the area and has an excellent reputation. The husband and wife owners would consider staying with the company for a while after a sale to facilitate a smooth transition for a new owner.

Facilities: Two locations are both leased.

Competition: There are two main competitors; one who only offers equipment but no accessories. The other competitor sells just accessories but no equipment.

Growth/Expansion: Market is expanding rapidly due to overall expansion in demand of medical equipment.

Support/Training: Owner will provide support and training during transition period, and is willing to stay on as an employee for a reasonable period of time.

Reason Selling: Owner planning for retirement