Mobility & Accessibility Solutions Franchise

Not Disclosed, CA
Orange County

Orange County

Asking Price: Annual Revenue:
$1,595,000 $3,150,570

Services: Medical, Dental

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RE: Mobility & Accessibility Solutions Franchise Broker: Gregg Tobin
Owner Financing is Available!
The business is SBA financeable and terms including down payment will be based on buyers’ financials, credit, and business experience.

Quick Facts

Asking Price: $1,595,000
Annual Revenue: $3,150,570
Net Profit: $454,000
Cash Flow: $454,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 9
BBN Listing #: 162220804
Broker Reference #: GBS #441

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Business Overview:

Available for acquisition is a Mobility and Accessibility Solutions Franchise. Based in Orange County, the company was established in 2016 and under the original ownership.

Investment Highlights:
• The company provides mobility and accessibility products and services to help the elderly and other people with disabilities live safely and comfortably at home. Products include stairlifts, home elevators, wheelchair ramps, and wheelchair lifts (VPL’s). Other products and services include: Pool lifts, patient lifts, bath safety products, auto lifts (for scooters and wheelchairs) lift chairs, scooters and power chairs. For business clients, the Company provides products such as wheelchair lifts (VPL’s), wheelchair ramps and stairlifts that help them comply with ADA and make their businesses safe, comfortable and accessible for everyone. The Company also supplies these products to low-income families through ongoing government contracts and relationships with charities. Contracts with the VA and insurance carriers provide ongoing revenue streams.
• Revenue base is comprised of customers in the residential (85% of revenue), commercial (10%), and governmental (5%) segments of the market.
• The Company has developed a network of roughly 2,000 customers located within Orange, Los Angeles, and Riverside Counties in California.
• The Company distinguishes itself from the market via its outstanding reputation, highly qualified employee base with timely project execution. The Company also has many product lines and has established relationships in several of those product lines with multiple manufacturers. This provides a unique ability to meet clients’ needs that competitors do not have.
• According to Management, no single customer accounts for over 3% of Company sales.

• The Business is an independently owned and operated franchise and specialty contractor focusing on mobility and accessibility solutions throughout Southern California.
• The Sellers are a husband-and-wife team that are willing to stay on with a new Buyer post transaction and are flexible with an on-going role.

IIncome & Adjusted EBITDA: The sales were $1,530,570 in 2021 compared to $2,036,179 in 2020. The Sellers Discretionary Earnings (SDE) were $454k and adjusted EBITDA $290k.The sales from January-September 2022 were $2,538.000 and SDE $444k and adjusted EBITDA was $415 k

Investment: The “asking price” is $1,595,000 million. The business is being offered as an asset sale or stock sale and structure is based on a cash free/debt free transaction.

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Property Features and Assets:

The Company operates from an office, showroom and warehouse totaling 2,500 square feet. The rent is only 2,700 per month and the lease is month-month. Customers can visit the showroom that features operating models of the main products including; elevator, 3 brands of curved lifts, 2 brands of straight lifts, pool lift, lift chairs, patient lifts, and more.

Market Competition and Expansion:

In addition to maximizing a serviceable product line of mobility and accessibility products, management cites an additional avenue of growth via expansion into new and related product markets such as hospital beds, a full line of retail scooters and power chairs, and a full line of elevators. In addition, management indicated that the Company could pursue new home modification construction projects such as bathroom modification and preparation for vertical platform lifts and elevators to augment and diversify sales.

Reason for Selling:

The current ownership is pursuing a sale as a step

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 a franchise resale opportunity.

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