Biomedical Equipment Repair
Hospitals can't function without working equipment — and someone has to fix it
Biomedical equipment repair (BMET) companies service and maintain medical devices used in hospitals, clinics, and diagnostic centers — everything from infusion pumps and patient monitors to surgical tables and defibrillators. The hidden gem: hospitals outsource this work because in-house biomedical departments are expensive. A single certified technician can generate $200–$400/hour for specialized repair work. The real moat is certification and relationships — once you're an approved vendor for a hospital system, you have years of recurring work with almost zero churn.
Avg Revenue
$800K
Profit Margin
30%
Acquisition Multiple
2.5x - 5x
Startup Cost
$60K - $200K
Difficulty
4/5
How It Works
Certified biomedical technicians (CBET) repair, calibrate, and preventive-maintenance medical equipment for healthcare clients. Contracts are typically annual service agreements covering all equipment in a facility. Emergency repair calls are billed at premium rates. Revenue is a mix of recurring contracts and time-and-materials work.
Revenue Range
Real Acquisitions in This Category
SBA 7(a) change-of-ownership loans · NAICS 811219 · Other Electronic and Precision Equipment Repair and Maintenance
Deal Size Distribution
Deal Flow Over Time
Financing Profile
Recent Comparable Deals
| Closed | State | Loan | Implied deal | Jobs | Franchise |
|---|---|---|---|---|---|
| Nov 2020 | NY | $100K | $118K | 3 | — |
| Nov 2020 | NY | $1.5M | $1.8M | 3 | — |
| Aug 2020 | MI | $339K | $399K | 3 | — |
| Mar 2020 | FL | $426K | $501K | 10 | — |
| Feb 2020 | TX | $223K | $262K | 2 | Pirtek |
| Dec 2019 | WA | $850K | $1.0M | 13 | — |
Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.
Pros
- +Healthcare clients are sticky — switching costs are high
- +Annual service contracts create predictable recurring revenue
- +Premium billing rates for certified technical work
- +Aging medical equipment fleet drives demand
- +Regulatory requirements mandate regular maintenance and inspection
Cons
- -Requires certified technicians (CBET, CRES) — hard to hire
- -High liability — errors affect patient safety
- -OEM exclusivity on some high-end equipment limits market
- -Slow sales cycle to get approved as hospital vendor
Best For
Operators with healthcare, electronics, or biomedical engineering backgrounds
Operating Costs
Primary cost is skilled labor — certified biomedical technicians earn $60K–$90K/year. Spare parts and calibration equipment also significant. Liability insurance for medical device work is higher than typical service businesses.
SBA Financing Estimator
Adjust the deal — see if it cash flows after debt service
Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.
Where to Buy
Browse healthcare service businesses including biomedical repair companies
Specialist broker for medical and healthcare service businesses
Acquisition Score
Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.
Quick Facts
- Category
- service
- Difficulty
- 4/5
- Buy price
- $2.0M–$4.0M
Buyer's Toolkit
Essential tools to get started
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Largest business-for-sale marketplace in the US
SBA loans and business acquisition financing — get funded fast
ROBS financing — use retirement funds to buy a business tax-free
Bookkeeping for small business owners — hands-off financials
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