Profitable Medical Services Company serving the west GTA.
Founded in 2004.
Strong revenue growth with favorable demographic trends.
Considerable growth opportunities
Contracts in place with hospitals and Long-Term Care HomesA staff of trained, qualified professionals is in place.
The company strives to provide efficient, effective, and compassionate service.
Owner willing to offer full transitional assistance.
F2020 revenue $1.04mm, F2021 revenue $1.23mm, F2022 revenue $1.61mm resulting in two revenue year growth of 55%. Interim F2023tracking at $1.65 mm.
F2022 normalized EBITDA of $445,000 and EBIT at $395,000.
Three -year blended (F2020- Interim projected F2023) EBITDA of $400,000 and EBIT of $350,000
Included in the sale price is capital equipment of approx. $180,000 (undepreciated capital cost- FMV higher), net working capital of $100,000, and goodwill. Cash Free- Debt Free.
Potential for some Vendor Financing to a qualified buyer.
Share sale.
Excellent opportunity for owner operator, medical services business looking for a bolt-on acquisition, or a competitor.