Diagnostic Medical Imaging Equipment and Service Provider
For Sale in Louisiana,
Financial & Assets Details
About the Business
Business Description
The company is a provider of diagnostic medical imaging equipment and services for the Southwest market. Medical imaging equipment includes everything from x-ray to ultrasound to MRI. The company has access to the highest quality products in the industry and has a team of experienced service engineers available on-call for preventative, routine, and emergency servicing.
Growth & Expansion
· Increase advertising and marketing efforts
· Hire additional sales representatives
· Acquire more distributorships
· Expand market reach in other areas of United States
· Hire additional service engineers
· Aging population creating more demand for medical imaging
Market Competition:
· Access to the highest quality imaging products in the industry
· Loyal and experienced employees
· 43% of 2016 sales from recurring revenue through service contracts
· Among top medical imaging equipment suppliers in LA and TX
· Exclusive dealer of x-ray robotic room
· Maintains about 60% repeat business
Location Details:
Headquartered
· Louisiana
Reason for Selling:
Shareholder/owner objectives
· Three shareholders, two active and one silent, seek an acquirer that will grow the business to its full potential. The owners are open to various deal structures. One active shareholder prefers to leave the company after a transition period and the other is open to staying with the company long-term.