Durable Medical Equipment Business

Contact Seller
Repriced due to owner health issues, will sell soon
Asking Price:
$360,000

Gross Revenue:
$450,000
Cash Flow:
$110,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$34,850
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

SBA Financing available for both business and property, cut your rent payment in half while building equity....

This durable medical equipment dealer specializes in the sale, rental and installation of equipment and aides for people who need assistance to be mobile. Profitably operated since 2010 and well established in the community.

Competitively priced real estate available separately.

Product solutions offered by this company include:
Oxygen & Respiratory Equipment
Manual & Power Wheelchairs
Scooters
Lift Chairs
Stair Lifts
Vehicle Lifts
Ramps
Walkers
Bathroom Aides
Hospital Beds &
Much more.

Service installation is offered on all products sold and rental contracts are available for most products.

Principal direct distributors include:
Cherokee
EZ Access
Golden Technologies
Joerns Healthcare
Harmar Mobility
Medline Industries
Invacare Supply Group
Jobst
Carex
Alex Orthopedic &
Hollister

This business is fully accredited, insured and bonded to current Medicare standards including home and vehicle modifications.

We are happy to announce that this business is in the final stages of being accepted by Amazon as an online distributor, this very recent development is expected to boost sales and cash flow for 2017.

About the Business

Location:
Fort Worth, Texas
Year Established:
1996
Number of Employees:
5
Real Estate:
Owned
Building Sq. Ft.:
2,475
Facilities:
Free Standing. Business and property for sale in addition to business.
Market Outlook/
Competition:
Company strengths lie within it's reputation in the community and the number of repeat clientele and vendors they serve. The property sits on 24,750 sqft lot, so expanding the retail space may also increase sales. Owners do very little marketing, but work strategically with residential clients, hospitals, home health agencies and various government agencies. In the 7 years they have owned the business their reputation increased tremendously making them the go-to provider for Medicare in the area.

Area Masterplan across the street includes new elderly housing development allows future owner to capitalize on captured/growth market.

With many barriers to entry competition in the area is low and not likely to increase anytime soon.
Growth & Expansion:
This durable medical equipment dealer specializes in the sale, rental and installation of equipment and aides for people who need assistance to be mobile. Profitably operated since 2010, well established in the community with over 400 customers.

Product solutions offered by this company include:
Oxygen & Respiratory Equipment
Manual & Power Wheelchairs
Scooters
Lift Chairs
Stair Lifts
Vehicle Lifts
Ramps
Walkers
Bathroom Aides
Hospital Beds &
Much more.

Service installation is offered on all products sold and rental contracts are available for most products. Business has recently increased facilities side of business (ramps, stair lifts, etc)

This business is fully accredited, insured and bonded to current Medicare standards.
Contact the Seller

About the Sale

Reason For Selling:
Owner is 72 and retiring, again.
Training/Support:
1 month with both owners or option to have one owner work PT on Tuesday, Wedsnesday & Thursday.
Seller Financing:
will consider 50% down on $400,000.00 price

Listing Info

ID:
1369936
Ad Detail Views:
1582

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Business Listed by

Dennis Kula

VR Business Brokers

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