Durable Medical Equipment Company in Central VA

Not Disclosed, VA

Central Virginia

Asking Price: Annual Revenue:
$349,000 $850,000

Wholesale/Distribution: Durable Goods

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RE: Durable Medical Equipment Company in Central VA Broker: Gavin Raphael
Owner Financing is Available!

Quick Facts

Asking Price: $349,000
Annual Revenue: $850,000
Net Profit: $150,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 841648609
Broker Reference #: Not Disclosed

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Business Overview:

Light & Raphael is pleased to offer for sale a durable medical equipment company located in Central Virginia. The company specializes in selling new and used/reconditioned durable equipment to doctors and other medical-related professionals. It also provides remote and onsite repair services.

The company has many long-term repeat customers. The targeted customer base is in the Mid-Atlantic, specifically Virginia, Eastern North Carolina, Maryland, and parts of West Virginia. Many of the customers have been doing business with the firm for 20 years or longer. The company generally spends one percent or less of revenues on advertising. The company has a five-star rating on Google.

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Property Features and Assets:

The location is leased. Renews annually.

Market Competition and Expansion:

The U.S. durable medical equipment market size was valued at $49.9 billion in 2019 and is expected to register a CAGR of 6.0% over the forecast period. Increase in prevalence of chronic disease, rapid technological advancements and rising aging population are the leading factors propelling the overall demand for durable medical equipment (DME) in the country. Rising product approvals are projected to further fuel the product demand.

Reason for Selling:

Owner wishes to retire.

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.

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