Asking Price: $19,999 Gross Revenue: $61,000Cash Flow: $30,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $30,000 not included in asking priceFF&E: $3,500 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.
I Love Lucy’s is a retail store located in a busy strip center with good visibility on a high traffic main city street. The business fills the need for Home Medical Supplies to end users at nearby hospitals, rehabilitation centers, clinics, urgent care centers, schools, Senior and Assisted Living Facilities as well as supplies for medical professionals. The store offers various high end quality medical equipment and supplies including mobility equipment, oxygen concentrators, bathroom equipment, compression and bracing supplies, hospital beds, orthopedic, lift chairs, wound care and much more. The business also has other avenues of high margin revenue which include refurbished pre-owned items and equipment rentals. We have a unique growth strategy in place to avoid waiting around for insurances to pay and put money in your pocket upon sale of medical supplies.
About the Business
Weld County, Colorado
Number of Employees:
Building Sq. Ft.:
$1,175.00 Per Month
I Love Lucy’s has a 3 year lease(renewable in 1 year and a few months) in a high-traffic shopping center surrounded by other medical, health & fitness, & food businesses. I Love Lucy’s carries little to no debt, and has already produced a profit and a highly loyal returning customer base.
The market for retail medical supplies is on the rise. With new senior facilities, medical centers, & the Rocky Mountain Sports Park being built in the town of Windsor, Colorado - the business is in the right place at the right time. The business competes directly with RCC Medical, Columbine Home Medical Supply, City Drug, Amazon, eBay - none of which offer customized high quality customer services, convenience & warranties as I Love Lucy’s does.
Growth & Expansion:
The pros of I Love Lucy’s medical supply store is the rate of growth in which the town is enduring and the type of people it is attracting. With expansion of retail space soon available next door, you will have the proper display of more high end products that are high in demand (lift chairs, mobility scooters, CBD & Oxygen Concentrators). The cons are it may take a few months to accomplish this. If you need help becoming Medicare & Medicaid approved, we can help for a fee. However, we recommend using our growth plan includes NO INSURANCE, all cash.
The owner, Lucy Sodre, has over 10 years in DME Equipment. Her specialities include everything in Medicare & Medicare. She has been in retail for almost 4 years and she believes it’s the future of Medical Supplies with insurance becoming a complicated and lengthy process. Lucy is offering 2 week training included with the sale. She is open to consulting work for-hire.
Minimum of $35,000 down payment, repayment of remainder within 2 years.
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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