Medical Imaging Software Manufacturer
Exclusive Business for Sale - Playbook Advisory Business Brokerage Group
Listing Price $525,000
Listing ID: PB16141
Rare opportunity for a buyer to purchase a Medical Imaging Software Manufacturer & Distribution Company.
Why You Should Be Interested:
- Independent Company
- Proprietary Products
- Medical Related
- Repeat Customers generating annual maintenance contracts
- Training & Transition Provided by an Expert in Field
Facts About this Listing:
- Revenues 2017 $321,797
- SDE Average $128,026
- Leased Facility
Playbook Advisory has been engaged to sell the assets of an established Medical Software System Manufacturer and Installation Contractor that primarily works with orthopedic surgeons, general practitioners, imaging centers, veterinary facilities, and small hospitals. The Company has been programming and supplying medical imaging and archiving software for over 20 years.
The Company’s software allows medical practitioners to archive, access, and download their medical images in a single cloud based system. All of its systems are built and quoted in house. It even allows access outside the office with the correct devices and creates a fully integrated digital work station that can be accessed by any device. These products are unique to the Company and have given it a great advantage, allowing it to price aggressively and still maintain excellent margins. The technology is the intellectual property of the Company and offers a tremendous opportunity for a buyer looking to expand in the field.
The Company currently has over 80 systems it maintains and services. All maintenance and repair is done through the Company. The current owners manage all facets of the business including sales, installation, service, and office responsibilities.
Interested buyers are required to execute an electronic NDA prior to the disclosure of the name and location of the Company.
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Data storage is leased from a 3rd party
The Company has various competitors across the types of industries it works in. However, none of them have its longevity and specialized products.
Growth & Expansion:
A new owner could easily expand the Company’s marketing presence by investing in more print advertising in industry journals and magazines, radio advertising, and SEO marketing for the website. A new owner could also expand the sales team to include a full-time sales rep to reach out to new leads. There is also room to expand the list of distributors and product types.
Support & Training:
Mutually agreed upon training and transition period can be negotiated with Seller.
Reason for Selling: