Easy to Run Mobility Scooter Sales & Service Growing Retirement Area

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Mobility Scooter Sales and Service in Growing Retirement Area of Florida
Asking Price:
$72,000
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Gross Revenue:
$213,367
Cash Flow:
$54,480
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$9,000
included in asking price

FF&E:
$25,000
included in asking price

Real Estate:
$266,800
not included in asking price

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Business Description

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

Year Established:
1995
Number of Employees:
1pt
Real Estate:
Owned
Building Sq. Ft.:
2,300
Facilities:
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.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will provide at least 2 weeks of training at no charge. Additional time can be negotiated as Seller wants the Buyer to have continued success in the business.
Seller Financing:
Seller may finance with R/E & business purchase

Listing Info

ID:
1514576
Ad Detail Views:
60

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Business Listed by

Herb Stewartson

Florida Business Exchange, Inc.

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Sponsoring Broker:

A. Bert Risdon, B.C.I.
Florida Business Exchange, Inc.

U.S. Census Data for Volusia County, FL
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Volusia County, FL
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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