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Pennsylvania Business For Sale |
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| DURABLE MEDICAL EQUIPMENT PROVIDER |
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| Attn: Not Available |
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| Not Disclosed, PA, USA |
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| Asking Price: |
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$679,000 USD USA Dollars |
| Business for Sale Industry: |
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Services: Medical, Dental, Assisted Living |
| Reason for Selling: |
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Owners have other interests. |
| Year Established: |
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2003 |
| # of Employees: |
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2FT - 1PT |
| Yearly Cash Flow: |
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$225,000 |
| Yearly Gross Income: |
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$835,000 |
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Business for Sale Overview:
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This company is Accredited by a Medicare approved accrediting body, meeting or exceeding all of the necessary criteria. Services currently provided include power and manual wheelchairs, scooters, hospital beds, patient lifts, lift chairs, stair glides, walkers, bathtub lifts, bathroom safety, orthopedic supports, compression hosiery, seating and positioning, and repair services. Owners have more than twenty years of solid referrals to support this business. This company has a loyal and solid referral base due to the excellent reputation of service provided. The company also has an excellent and clean credit history.
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Property Features and Assets:
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Located in South Central Pennsylvania, in a historic town on the main thoroughfare, (estimated traffic flow of 15,000 vehicles per day) with private off street parking. The building is 2740 square feet and leased, including a nice retail store with large display windows, slat wall, shelving, etc. There is also a warehouse/shop, loading area and lounge/conference room. In addition, there is a 3 bay garage connected to the main building suitable for warehousing or vehicle lift installations. The lease rate is 35% below area comparables. The business is also including an automatic cleaning and disinfection machine ($14,000.00 value) in place for automatic rental equipment cleaning and disinfection. You are also purchasing current inventory of about $60,000.00 and three company owned vans, computers and electronic billing software, all office furnishings, displays, demo equipment, etc., all included in the price. |
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Market Competition and Expansion:
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This area is not overwhelmed with competition. There are huge potential growth opportunities. It is NOT located in a Competitive Bidding Area. This Accredited business is a Medicare provider as well as 40+ private insurances. It has not yet participated in State Medicaid Programs but is poised to do so. There is available space for lease nearby for expansion of warehouse if desired, or it is relocatable. This is one of the largest retirement counties in the State, and with the baby boomer population coming in, this is an excellent opportunity to own this business. |
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Additional Details:
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- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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