Medical-Equipment Maintenance Business with Long Term Contracts was acquired by Private Buyer
A niche medical-equipment maintenance company, that services medical gas equipment, including emergency repairs and upgrades of thereof. The business operates on secure multi-year contracts with hospitals and medical facilities. The business has a loyal client base, including over a dozen hospitals and medical facilities in the GTA. Furthermore, the company maintains excellent relationships with both its clients and suppliers, fueling consistent revenue streams. Due to the nature of the business, there is no seasonality in the business operations. Opportunities to grow exist in both service and repairs as part of the business, as well as, by increasing product sales to its client base. Shifting to reporting software and electronic work orders is an easy way to scale the business, and further increase the revenue. The company’s employees are exceptionally trained professionals with appropriate designations in licenses to conduct work within the medical facilities. In order to operate the business, the owner is expected to have a general knowledge of the governing medical gas code. The numbers presented below are the average for the last two full fiscal years for the company.
Medical-Equipment Maintenance Business with Long Term Contracts
Greater Toronto Area
Beacon acted as advisors to this company for the sale of the business