Profitable Medical Equipment Store in Ventura County

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Business Description

Great opportunity to invest and operate well established [opened in 2014] Durable Medical Equipment store in East Ventura County [Simi Valley]. Accepting Med-cal and Gold Coast HMO patients only [cash too]. Sellers are retiring and chose to not apply for Medicare and Commercial Insurances to keep low overhead - it presents a great opportunity for a potential buyer to apply for other insurances and increase cash flow. Servicing local community and mailing incontinent supplies to many customers in Ventura County. Wheelchairs, Walkers, Beds, Special Shoes, Incontinence Supplies and many other products are provided for walk-ins and many mail order customers. Average annual gross sales are around 400K. Net cash flow is about 200K. The DME store is about 1,000 sf. Seller will train a new owner and may stay as a consultant. Open 5 1/2 days a week. Motivated seller. Seller will not carry financing. Clean books - SBA loan may work.
Call Alex Levitan- Pacific Business Brokers (818)640-8080, and request an NDA.

Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. Seller is motivated. All of the above information per Seller please rely on your own due diligence on market conditions and this industry before making any commitment and decision making.

About the Business

Location:
Ventura County, California
Year Established:
2014
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
1,000
Rent:
$1,200.00 Per Month
Lease Expiration:
5/15/2024
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About the Sale

Reason For Selling:
Retiring
Training/Support:
Seller will train, may stay as a consultant

Listing Info

ID:
1619619
Ad Detail Views:
0
Asking Price:
$435,000

Gross Revenue:
$397,560
Cash Flow:
$212,615
EBITDA:
$212,615
Inventory:
$6,000
included in asking price

FF&E:
$3,000
included in asking price

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Business Listed by

Alex Levitan

Pacific Business Advisors

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Sponsoring Broker:

Fred Mercuro
Pacific Business Advisors
License# 01915577


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