Asking Price: $72,000 Get FinancingGross Revenue: $213,367Cash Flow: $54,480 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $9,000 included in asking priceFF&E: $25,000 included in asking priceReal Estate: $266,800 not included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Great opportunity to buy this well known and respected durable medical equipment business that specializes in the sales and service of mobility scooters, powered wheelchairs, power lift chairs and much more. The business was previously accredited and accepted medicare payments, but seller discontinued to pursue cash/credit pay clients. Seller still has the previous records to assist a new owner with re-application for accreditation if they desired. The business does have some government (non-medicare/medicaid) payors.
This business has a solid reputation in the community and has many opportunities to expand into other medical products, not currently carried. Seller is motivated and real estate is available. Seller will consider holding a note for the real estate with a qualified buyer.
About the Business
Number of Employees:
Building Sq. Ft.:
This is a well maintained stand alone building with its own parking. Good visibility and roadway frontage in a busy area of Volusia County.
Growth & Expansion:
The Volusia County area is rapidly expanding in the retiree demographic. New projects for 55plus communities are started and will provide an increased market for these products. Expanding the line of products, implementation of marketing to surrounding areas, establishing relationships with area doctors and hospital case workers, creating an online store and creating a mobility scooter rental program for the local tourism and seasonal resident demographic are a few areas to expand the business.
Easy to Run Mobility Scooter Sales & Service Growing Retirement Area
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