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Diagnostic Lab for Sale in Trinidad

State-of-the-art medical imaging facility with property, training programs, and rental income.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 580 thousand
Run Rate Sales USD 620 thousand
EBITDA Margin 40 %
Industries Hospitals + 1 more
Locations Trinidad
Local Time 5:43 AM America / Port of Spain
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 4.4 million (Native Currency: TTD 30,000,000)
Reason: After more than 25 years of successful operations, the owner, facing personal circumstances and with... View More
Includes physical assets worth USD 1.77 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
CT Scan Room
Business Overview
- Stand-alone private imaging center in TT.
Recurring patients. Large patient database. Patients are referred from nearby public and private hospitals.
- Ideal location.
- We have a small, powerful, and highly skilled team that is able to generate high revenue.
- Payments are a mix of cash, debit, credit cards and insurance payouts. Insurance companies issue cards to patients, which has reduced our insurance receivables from 30-60 days to 3-4 days ACH.
- Diverse revenue stream includes income from medical imaging facility, teaching/training, and rental income.
Products & Services Overview
Cardiology services; diagnostic services include vascular scans, CT scans, ultrasound, blood lab, and specialist doctors' offices.
The first floor (non-medical tenants) and another building on the compound generate additional rental income. The institution has the capability and infrastructure for teaching and training in the medical allied field, which brings in additional income.
Assets Overview
Land.
Property valuation $ 15M.
Medical equipment: CT Scanner, 2 Phillips echo machines and treadmills, 2 GE ultrasound machines, blood lab equipment/machines, commercial ABB -UPS (CT machine), step-up transformer, and a 300 kVA transformer.
Office equipment (computers, PBX phone, etc. ) and furnishings.
Intangible assets:
- Organization culture.
- Patient database.
Facilities Overview
There are 2 floors in the main building, totalling 12,000 sq. ft. The ground floor of ~ 6,000 sq' occupies the medical imaging facility (CT scan, UPS room for CT, echo/stress testing room, Ultrasound room, vascular room, Blood lab for analysis, Phlebotomy room for drawing samples, ECG room, a staff room, conference/ lecture room (40 seats), 4 doctors' offices, a server/IT room, an account/clerk and cashier room and 10 toilets. The top floor comprises ~ 6,000 sq. ft. Some tenants are a law school, a UK software company and a spa and massage center. There are 7 toilets, a kitchenette, a laundry room, 2 showers, server room.
The stand-alone building on the compound comprises 2,200 sq' and is tenanted by a large pathology lab.
This prime property is 21,236 sq ft (a little more than a half of an acre) located in a busy commercial/residential area, walking distance to the university, and near private and public hospitals, close to the main road and highway.
Capitalization Overview
100% ownership of main company is owned by one person. A subsidiary company (CT scan center) is 51 % owned by the main company, with 49% owned by 8 shareholders who are mainly radiologists and doctors.
Medical facility funds itself. One outstanding loan to facilitate the purchase of a new GE 128 CT scanner. (And also for a good credit rating).
Recent Activity
  • Earlier than 15 days
    Founding Partner, New York City, Investment Bank connected with the Business
  • Earlier than 15 days
    Managing Partner And Head M&A, Hyderabad, Financial Consultant connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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