Medical Equipment Supply & Service Company for sale

This exceptional business is in the desirable and lucrative medical equipment sales and service field. They supply and repair medical equipment for physician offices, hospitals, surgery centers, and more. A substantial portion of their services are contractual. Seller has built their reputation on trust and loyalty to the client and in close-knit communities like the medical industry, reputation is extremely important, and word-of-mouth advertising is invaluable. Sales are up 41% thru September of 2021 compared to 2020 and net income is up 130% during the same period. There are also new contracts in place that are not yet reflected in their current sales that should greatly benefit the new owner. The current aging population should continue creating a high demand for medical equipment. According to grandviewresearch.com the global medical equipment maintenance market size was estimated at USD 35.3 billion in 2020 and is expected to reach USD 39.0 billion in 2021. The global medical equipment maintenance market is expected to grow at a compound annual growth rate of 7.9% from 2020 to 2027 to reach USD 61.7 billion by 2027. This business is located in central Arkansas. Our state capital, Little Rock, was recently ranked the third most “Travel Worthy State Capital,” by USA Today readers. The city continues to garner national and international acclaim for its quality of life and tourism amenities. The founder and seller of this 20 year old company will provide training and will consider some financing for a qualified buyer. Interested parties will be required to state amount and source of funds. Detailed information will be provided by completing a confidentiality agreement and may be obtained by contacting Scott at scott.redden@sunbeltnetwork.com or 501-681-0741. Location: Pulaski County, Arkansas Year Established: 2001 Number of Employees: 11 FTE, 1 PTE Real Estate: Leased Building Sq. Ft.: 5,000 Rent: $3,352.00 Per Month Facilities: 5,000 sq. ft. leased space