Mobility & Medical Equipment

Not Disclosed, NY

Eastern New York

Asking Price: Annual Revenue:
$1,225,000 $2,296,804

Retail: Health, Beauty, Nutrition

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RE: Mobility & Medical Equipment Broker: Seller of Business
Owner Financing is Available!
Purchase Price: $1,225,000 12.5% Buyer Down Payment: $153,125 12.5% Seller Financing: $153,125 75% Bank Loan: $918,750 A 12.5% down payment of $153,125 returns $182,783 in the first year after debt payments!

Quick Facts

Asking Price: $1,225,000
Annual Revenue: $2,296,804
Net Profit: Not Disclosed
Cash Flow: $361,924
Total Debt: Not Disclosed
FF&E: $179,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 10
BBN Listing #: 806134398
Broker Reference #: HEA038

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Business Overview:

Serving the Capital District of Eastern NY, this home medical supply company is earning over $2MM annually. Medical equipment sold by this business includes complex and standard wheelchairs and other medical equipment, power mobility scooters and wheelchairs, patient lifts, lift chairs, beds, bathroom aides, walkers and more. The company also sells disposable medical supplies such as urological and enteral supplies, compression garments and incontinence items. For those customers looking for home and vehicle modifications, this team can complete bathroom accessibility, installation of modular ramps, stairlifts, platform lifts and vehicle lifts. Customer include children, adults, and seniors, individuals with mobility concerns and/or physical disabilities, caregivers, and family members. Most insurance is accepted as well as Medicare and Medicaid and all billing and insurance requests are completed in-house. The owners currently focus on home modifications, quotes and bidding, office management, compliance and customer orders. Their roles may be combined and completed by one individual, but some duties may be disseminated to current staff.

The business operates from a 4,700 square foot retail location that is near many medical professionals, making referrals convenient for patients. The large showroom has ample space for display items and consultations. A large warehouse and shop offer ample space for technical work and inventory storage.

Business has been growing and continued growth can be found in taking on more home modification projects as well as expanding the service and delivery areas. The staff is well-trained and are a compassionate group of professionals.

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Property Features and Assets:

4,700 square feet: 2,100 square feet showroom, large warehouse and shop, offices, accessible restrooms, conference room, kitchenette

Market Competition and Expansion:

Home modifications, disposables, complex rehab, custom compression

Reason for Selling:

Strategic retirement planning.

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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