Medical Monitoring Systems Company for Sale in Hong Kong

- Company specializes in designing and selling electronic wireless sensor equipment and devices for the elderly care and hospital industries.

- The company has many long-term distributors throughout the world and in particular the USA, European, Asian and Australian markets.

- It also has a strong local presence in Hong Kong with 30 years of recurring installation and maintenance contracts, large government and private customers.

- Had a growth rate of over 20% last year from around HKD 40 million.

- Just signed up some new large exciting distributors in the USA that should help further growth.

- We do not manufacture ourselves but own all the IP in the products, so we could find any other manufacturer to further increase margins.

- We have 3-4 manufacturers in Hong Kong producing products under our brand name.

- Lots of potential to further grow the company with the opportunities that exist.

- Most of our sales are international sales and an average price of the products is USD 20.

Products and services offered:

Products:

Fully integrated Android based patient monitoring platform with smartphones.

Wireless and wired nurse-call systems.

Fall management products and systems.

Home care products.

Stand-alone simple product sets and kits.

Hospital patient information systems.

Hospital baby tagging systems.

Bed exit detection kits for bed manufacturers.

Many mix and match individual kits.

Bed exit pads - under and above mattress with patents.

Services:

Having a strong house engineering design team and manager, we have designed many products for our distributors to their requirements. This also means the distributors are locked into the company products. Therefore flexibility and responsiveness are strong attributes.

The company has a team of technicians and a project manager to install, commission and maintain many local projects.

Tangible assets include electronic equipment and vehicles, stock, and deposits paid.

Intangible assets include many patents and trademarks, a high level of goodwill with many loyal distributors, and many governments and other maintenance contracts (~HK$10M) and sales in hand (~HK$20M). All the IP, firmware, and software.

Leased 6,000 sq ft area in a 9-story building with enough space for product testing, engineering department and facilities like a shielded room with storage area for local and low volume international sales.

- The company has 3 shareholders at 50%, 40%, and 10%.

- Company has no debt or bank loans etc.

- Two of the shareholders work in the company.