Medical Supply with Mobility Focus

Toronto , Ontario


Asking Price: Annual Revenue:
$1,025,000 $1,715,180

Services: Medical, Dental


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RE: Medical Supply with Mobility Focus Broker: Cortney Sells

Quick Facts

Asking Price: $1,025,000
Annual Revenue: $1,715,180
Net Profit: Not Disclosed
Cash Flow: $389,461
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2002
Employees: Not Disclosed
BBN Listing #: 212034398
Broker Reference #: HEA033

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Business Overview:

Featuring a 23% profit margin and nearly $400,000 in cash flow, this home health equipment business is well-positioned for continued growth! If a customer needs assistive devices and home modifications in the Toronto area, this company can help. Options include everything from stair lifts and wheelchairs to CPAP machines and grab bars. Customers can come in to the showroom to browse the inventory or call for an in-home assessment to receive assistance in choosing the correct adaptive devices for their needs. This business works with all Federal and Province funding programs and has strong relationships with suppliers for great pricing on all inventory items. The staff is very well-trained, and many have a long tenure with the company or many years of experience in the field. The owners are very active within the business, but their roles could be assumed by current or additional staff.

The company is located near other medical service providers, leading to higher walk-in traffic as well as many referrals from physicians and therapists. Nearly 60% of the space is dedicated to a spacious showroom, while 40% is dedicated to assessment rooms and a private office. There is additional off-site storage for larger items and project materials.

Engagement on social media would benefit the business by building relationships with customers and their support systems as well as referring professionals. Additional growth could come with adding one sales representative and one technician to potentially add $750,000 in revenue annually.

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Property Features and Assets:

Equipment: $123,000: POS, computers, printers, signage, all displays, storage racking, etc. Vehicles: $45,000: 3 vans Inventory: $150,000 - $300,000 *amounts may vary Intangible Assets: Many repeat clients, one-stop shop for customers, knowledgeable staff.

Reason for Selling:

Retirement.

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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