Growing Ultrasound Probe Repair Business

Business Description

Available for acquisition is a well-established Canadian ultrasound probe repair company with a 7-year operational history. The company boasts a robust customer base of approximately 600 clients, comprising hospitals, imaging centers, vet clinics, and private medical offices. Nearly half of these clients are actively engaged on a regular basis. Notably, the business exhibits no seasonality, with the average order value standing at approximately USD 3,000.

The buyer will inherit a skilled team of experienced employees, supplemented by additional repair teams abroad, contributing to increased profitability since 2021. While not mandatory, the buyer is ideally someone with knowledge of small business management, including financial acumen. Some technical expertise in electronics would be advantageous.

The seller intends to continue operating a different patent-based ultrasound probe diagnostic business, which will not engage in ultrasound repairs. This entity can serve as a strategic source of referrals for the probe repair company.

2019 2020 2021 2022 2023
Revenue $878,391 $1,114,204 $1,891,537 $2,427,681 $3,781,438
Earnings $112,057 $260,013 $357,021 $811,223 $1,393,312

 

*All financials are reported in CAD.

Financial Overview

Asking Price: $5,000,000 CAD + Inventory

Revenue: $3,781,438 CAD

Income: $1,393,312 CAD

Multiple: 4.16x

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