Owner Financing is Available!
Business Overview:
When the current owners acquired this DME in 2008, it was a one-location operation with about $800,000 in revenue and heavily reliant upon Medicare (85%). Now the business has two retail locations, revenues have doubled, they are free from the grip Medicare had on the revenue and they have added two additional revenue streams on-location scooter rentals in Dallas and an e-commerce site selling medical mobility products nationwide.
The operation offers its customers access to high-end medical mobility products power wheelchairs, scooters, vehicle lifts, walkers, crutches, canes, lift chairs, hospital beds anything related to mobility and mobility rehab. They also offer repair and maintenance services on all of the products they sell and more, making them one of the only places in all of the Metroplex where customers can receive such qualified work. In addition to the retail sales and service they offer, the scooter rental and e-commerce sales opportunities are growing and poised to expand. This three-headed revenue mix has allowed the company to gain favor with key vendors by purchasing inventory in bulk, which also leads to more favorable wholesale pricing.
This business is accredited by Medicare, employs a certified assistive technology practitioner (ATP), holds a Texas State Prescription License, has multiple Master Lift Installers on staff and has contracts with numerous insurance companies. They are also bonded and carry a $7 million general liability insurance policy covering all three aspects of their operation.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business operates out of three facilities - a 2,500 square feet retail location in Plano, a 2,300 square feet retail and service location in Fort Worth and a 1,000 square feet rental area in Dallas.
Market Competition and Expansion:
Given the mix of retail and repair/maintenance services offered, this mobility DME has little, if any, direct competition. Add to that the additional revenue streams created by their e-commerce and rental outlets and they differentiate themselves even more.
Reason for Selling:
Relocation
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: