Est. Leader In Mobility & Accessibility Solutions
Relocatable, NC Not Disclosed
North Carolina & Virginia
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- RE: Est. Leader In Mobility & Accessibility Solutions
- Contact: Tully Ryan
Quick Facts
| Asking Price: | $2,695,000 | |
| Annual Revenue: | $4,950,205 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $840,463 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $508,425 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | 17 | |
| BBN Listing #: | 944501 | |
| Broker Reference #: | 1206-18309 |
Business Overview:
This established three-location franchise business offers a unique opportunity to enter the thriving mobility and accessibility market. The company specializes in the sale, rental, installation, and servicing of a wide range of equipment, including stairlifts, wheelchair lifts, ramps, patient lifts, and more.
Key Highlights:
- Proven Franchise Model: Backed by a reputable franchisor, this business leverages a successful system for operations, marketing, and customer service.
- Diversified Product Portfolio: Caters to a broad range of client needs with a comprehensive selection of mobility and accessibility solutions.
- Strong Customer Focus: Recognized for its commitment to providing reliable, customized solutions that build long-term client relationships.
- Established Reputation: Trusted provider within the industry, fostering loyalty with individuals, families, commercial businesses, and healthcare providers.
- Favorable Market Dynamics: Growing demand for mobility and accessibility solutions due to an aging population.
This is an excellent opportunity for a qualified investor to acquire a well-established business within a high-growth market.
FF&E value shown is the gross amount as shown on the tax return. The current estimated market value to be used for asset allocation will be detailed in the confidential information memorandum.
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Property Features and Assets:
This established three-location franchise business boasts well-maintained office and warehouse facilities across strategic markets in Virginia and North Carolina.
- Locations: 2 locations in Virginia and 1 location in North Carolina.
- Lease Structure: Tenant responsible for lease payments, taxes, insurance, utilities, and other operational expenses.
- Lease Renewals: All locations require lease extensions or new leases to secure a minimum 10-year term, crucial for potential loan financing.
Facility Details:
- Office 1, VA:
- Lease Term: Expires August 2024 (Renewal Required)
- Use: Office and Warehouse
- Key Considerations: Negotiate a minimum 10-year extension upon acquisition.
- Office 2, VA:
- Lease Term: Expires June 2023 (Renewal Required)
- Use: Office and Warehouse
- Key Considerations: Secure a minimum 10-year lease extension post-acquisition.
- Office 3, NC:
- Lease Term: Month-to-Month (New Lease Required)
- Use: Office and Warehouse
- Key Considerations: Negotiate a new long-term lease (minimum 10 years) upon acquisition
- Assets = $568,425
Market Competition and Expansion:
Competitive Landscape: Local Dealers: Numerous local and regional mobility equipment dealers cater to specific communities, leveraging personalized service and local relationships. National Players: Established national and regional competitors offer a broad product range and brand recognition, potentially wielding economies of scale. Online Retailers: E-commerce players compete on price and convenience for customers who prefer self-installation. Manufacturer-Direct Sales: Certain manufacturers offer direct sales channels, potentially impacting traditional dealer pricing and support options. Healthcare Providers: Some healthcare providers and medical supply companies offer mobility equipment, leveraging existing relationships with medical professionals. Franchise Competitors: Other franchise systems offering similar products and services within various regions pose competition. Market Dynamics: Evolving Landscape: New entrants and changing competitor strategies necessitate continual market research and analysis. Strategic Differentiation: The company's focus on local presence, personalized consultations, and comprehensive support can provide a competitive edge.
Reason for Selling:
To pursue other business interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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