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SBA Approved, 20+yr Mobile Medical Business, 100% Recurring Revenue

NMPI is a mobile cardiac imaging lease and staffing company integrating emerging technologies and a unique business model for early detection of coronary artery disease. NMPI solves the problem of any clinic or healthcare facility that does not have the resources, staff or facilities to do cardiac testing. NMPI's 25 years of experience in this field allows such facilities to offer cardiac testing using NMPI's mobile vans. NMPI vans park outside the customer's facility and nuclear cardiac testing is done inside NMPI's vans. Results are processed at NMPI's location in Gainsville, FL and sent back to doctors and clinics.
The business is being sold for $1.1M and Real Estate for $700K. First Internet Bank of Indiana has appraised and approved the loan for any qualified buyer. Buy this very well-established company for a nominal downpayment!
The business is very well-set with stellar books, operations, team, and long-term customer contracts in a very niche field. No prior experience with nuclear tech is needed. The company is fully staffed and managed. For an existing facility or a business in the mobile nuclear medicine or cardiac testing, this would be an excellent add-on. Any mobile medical business, medical transport business can also benefit from this acquisition by adding new services to your existing client base.
* Own a large share of the mobile cardiac imaging market in the North-East FL & Southern GA region. Can be easily expanded to other regions.
* Invented a portable SPECT camera and utilizes cloud based picture archiving system (PACS)
* Excellent manufacturer relationships for radio pharmaceuticals, imaging equipment, and van modifications; supplies are mandated for 7 years
* Over $750K in included assets including customized vehicles, mobile labs, & EKG systems
* Contracts renew automatically on an annual basis
* Excellent industry reputation
* Specialized nuclear technology staff, do not need to know the nuclear tech business
* High client retention due to service flexibility; can service 8 to 12 patients per day/per unit
* Fully accredited through the American College of Radiology for Medicare
* Flexible business model
* Member of the INC 500 list of Fastest Growing Companies in America 4 years consecutively
NMPI is accredited by the American College of Radiology (ACR). ACR accreditation is the highest distinction a nuclear lab can possess in terms of technical quality. Nuclear Medicine Professionals equipment and staff leases are in complete compliance with provisions of Stark I and Stark II regulations. As holders of a Radioactive Materials License, NMPI is routinely inspected and remains in good standing with the State of Florida Department of Health Bureau of Radiation Control and Georgia Department of Resources.
This company is ready for explosive growth and expansion. Just market to more clinics and facilities using the company's well-set operations and reputation!
Ad#:2312007
Listed By: Omar Kettani
Background information
Reference:
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Year established:
2001
Reason selling:
After running the company for 25 years, I am semi-retiring and pursuing my other
Finance
Sales:
$1,200,000
EBITDA:
$350,000
Operations
Employees:
7
Equipment:
Included in asking price $700,000
Inventory:
Included in asking price
Premises
Facility:
The company owns the 3750 sq. ft. building located in a warehouse condominium in Gainesville Industrial Park. The company’s portable leasing model provides a “hub and spoke” model. The multiple van routes are dispatched to client offices located through FL and GA. At the warehouse, the team loads the equipment, radio pharmaceuticals, and other supplies into the specially equipped vans. In additional to the building, 3 trucks: Ford Transit vans (each equipped with mobile hotlab), 2 cameras: Digirad Triple Head Cardius 3 Mobile SPECT Cameras
Location:
Gainesville, FL
Opportunities
Growth:
* Grow service footprint by marketing & selling to 100s of 1000s of facilities and clinics * Add additional mobile units - will double the business with existing customers * Tap into the new-emerging Affordable Healthcare Markets * Diversify client base NMPI has been a solid source of income for me and my family. I did not expand it because it was not what I was looking to do. Just doing basic Marketing you can greatly increase revenue and profits. I can help you create an expansion plan as well.
Price and terms
Price:
$1,100,000
Financing:
SBA Approved
Training:
The company is fully-staffed and managed with nuclear techs, operations manager and well-laid out systems and processes. In addition, I will help transition the business with 1 month of free training and support. Beyond the 1st month, I will always be available on an as-needed basis.