Mobile Medical Equipment Rental Company For Sale

Logan County, OK

LPO logo

Asking Price:$675,000

Cash Flow:$105,000

Gross Revenue:$375,000

EBITDA:$125,000

FF&E:$5,000

Inventory:$350,000

Rate/Sq. Ft.:$0.63

Established:2008

Mobile Medical Equipment Rental Company For Sale

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Business Description

Mobile Cosmetic Laser Rental Company in Oklahoma

Laser Partners of Oklahoma, Inc. (LPO) is an Oklahoma-based specialized mobile cosmetic laser rental company and was created in 2008 to give medical practices and medical spas the ability to use the latest aesthetic and medical laser technology without risking large capital expenditures. Laser Partners OK rents and delivers a complete line of cosmetic lasers and equipment, manufactured only by the industry leaders. Since inception, annual gross revenue has fluctuated between $275,000-$745,000 based on market demand, changes to sales vendors, and expansion or reduction of services but laser rental revenue has remained steady. Please visit our website for more detailed information or contact us to request more detailed financial information.

Key Points:
• Exploding aesthetic industry with very high growth rates
• No competition in Oklahoma
• Signed Rental Agreement for every customer on file with detailed records
• Zero debt & all equipment owned by company
• Equipment meticulously maintained, serviced, & kept updated
• Loyal customer base with consistent monthly base revenues averaging $23k-$25k
• We offer every laser procedure on the market in demand
• Brand recognition state-wide and beyond
• CRM: Database of customers & updated target list of every account in OK
• Comprehensive documentation - business operations & customer implementation
• No A/R except large hospital system contracts
• Simple price schedule widely accepted by all new and existing customers

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
600
Lease Expiration:
1/31/2017
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Mobile medical & aesthetic laser rental company; office/warehouse centrally in Oklahoma near Oklahoma City metro about 15 minutes from Edmond, OK; there is no real estate but the business will be sold with over $350,000 of assets that are used in the rental programs.
Competition:
In Oklahoma, there are no competitors who specialize in the daily rental of cosmetic & aesthetic lasers like we do. In Tulsa, there is a single owner rental company that focuses on the surgical laser market. We provide personalized customer service to our loyal customer base so competition is a distant concern.
Growth & Expansion:
The North American aesthetic market is expanding at record levels due to consumer demand for beauty treatments & the improving economy is contributing to this growth. This niche laser rental business is in high demand due to manufacturers saturating the equipment market and many physicians are more willing to rent vs purchase new technology. There is significant growth in offering laser rental services and more details can be found on the “about us” section of our website. Logistics can be one of the main challenges of this business.
Support & Training:
Owner is committed to the company's & customer's continued success and will provide transition training to facilitate a successful transition. Owner will give training on business operations, accounting, customer base analysis, business development, marketing implementation, equipment maintenance intervals, market analysis, & other factors related to transition.
Reason for Selling:
Pursuing new opportunity.
Business Website:
http://www.LaserPartnersOK.com

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Business Listed By:
Alston Ingram, Jr.

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