Diagnostic Medical Equipment, Inc.
How we got $1.9M
Based on its 7 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 18 years (since 2008)
From public records and the company's website, not a statement that it's for sale.
What they do
Diagnostic Medical Equipment, Inc. distributes ultrasound equipment, describing itself as holding the largest inventory of GE Ultrasounds in the U.S.A. for healthcare and laboratory use.
From the company's website. Industry: Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers.
Customers & suppliers
Suppliers & brands
- GE · brand it sells or installs
Estimated value over time
▲ 40% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| DIAGNOSTIC MEDICAL EQUIPMENT, INC. this business | $6.5M | — |
| INNOVATIVE MEDICAL SUPPLY LLC Moore · 10 employees | $8.6M | 1.2 mi |
| ORTHOCARE SERVICES LLC Moore · 80 employees | $84.5M | 1.9 mi |
| PROSOURCE MEDICAL EQUIPMENT AND SUPPLIES INC Oklahoma City · 7 employees | $5.7M | 3.6 mi |
| PATIENTLINK ENTERPRISES INC. Oklahoma City · 18 employees | $34.9M | 3.7 mi |
| RS PRINTER SUPPLY SERVICE LLC Oklahoma City · 5 employees | $8.0M | 3.8 mi |
| TOTAL RESTAURANT INTERIORS, INC Oklahoma City · 8 employees | $3.5M | 3.9 mi |
The full calculation
| Employees reported to the SBA | 7 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.2M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.2M |
| Estimate: the two combined (geometric mean) | $6.5M |
| EBITDA margin (industry, adjusted for size) | 8% |
| EBITDA = revenue × margin | $541K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $1.9M |
| Multiple for this size and industry | 3.6× |
| Value range | $1.0M – $2.7M |
| Revenue range | $4.3M – $7.4M |
| EBITDA range | $356K – $616K |
| Industry (NAICS) | Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (423450) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Leadership
- DLDr. Louis PetersDermatologist · Company website · source
- DRDr. Robert NapperFamily Physician · Company website · source
Advisors
- BankingBOKF, National AssociationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/11/2020 | first | $81K | 7 |
| 3/23/2021 | second | $81K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Diagnostic Medical Equipment, Inc.
Diagnostic Medical Equipment, Inc. is a medical, dental, and hospital equipment and supplies merchant wholesalers company in Moore, Oklahoma, in business since 2008. It is owned by ARUN MIRCHIA (CEO). Its estimated annual revenue is about $6.5M, with roughly $541K of EBITDA. It has about 7 employees. Its estimated business value is $1.9M (likely range $1.0M–$2.7M).
Common questions
- Who owns Diagnostic Medical Equipment, Inc.?
- Diagnostic Medical Equipment, Inc. is owned by ARUN MIRCHIA (CEO), according to public sources such as the company's website or filings.
- How much revenue does Diagnostic Medical Equipment, Inc. make?
- SeeBITDA estimates Diagnostic Medical Equipment, Inc.'s annual revenue at about $6.5M (likely between $4.3M and $7.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Diagnostic Medical Equipment, Inc. worth?
- About $1.9M, roughly 3.6× its estimated EBITDA of $541K, typical for a medical, dental, and hospital equipment and supplies merchant wholesalers company its size. Likely range: $1.0M–$2.7M.
- How many employees does Diagnostic Medical Equipment, Inc. have?
- About 7, as reported on its PPP loan.
- When was Diagnostic Medical Equipment, Inc. founded?
- Diagnostic Medical Equipment, Inc. has been in business since 2008.