The Company sells and services X-ray equipment and supplies to medical, chiropractic, and veterinarian clinics, as well as small hospitals in Mississippi, Alabama, and Tennessee.

The Company carries a wide range of X-ray equipment and supplies. Equipment includes X-ray systems, portable X-ray systems, film processors, and chiropractic systems. Supplies include X-ray film, cassettes and plates, film mailers, negative preservers, film viewers, and film bins.

Note the following:
• Strong Revenue Growth: Revenue grew from $1.8 million in 2006 to $3.4 million in 2008 representing an Annual Compounded Growth rate (CAGR) of 37.4%
• Improving Net Working Capital Position: The Company's current ratio increased from 2.2 to 4.7. The current ratio highlights the Company’s strong short term liquidity
• Customer Diversification: No client accounted for more than 5% of annual revenue during the historical period
• Recession Resistant Industry: The medical supplies wholesaling industry is only moderately affected by general economic conditions, as it is more affected by factors such as the general health of the population. Flat growth in disposable income levels may flow on to somewhat weaker demand for industry products
• Management Willing to Remain Through Transition: The Company’s active shareholder is willing to remain with the business post-transaction in order to ensure a seamless transfer of ownership.

Our Client represents a sound investment opportunity as a stand alone purchase, however, buyers that can bring substantial expertise or existing operations with sales force and marketing channels in place will be able to add substantial value to this attractive Company.

Please refer to listing ID: 54009