Orthotics & Prosthetic Retail Biz forSale NY-20880

Not Disclosed, NY
Orange County


Asking Price: Annual Revenue:
$1,800,000 $3,068,741

Retail: Health, Beauty, Nutrition


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RE: Orthotics & Prosthetic Retail Biz forSale NY-20880 Broker: Joseph Stansky Esq
Owner Financing is Available!
$1,200,000.00 Down & $600,000 over 5 years @5%

Quick Facts

Asking Price: $1,800,000
Annual Revenue: $3,068,741
Net Profit: Not Disclosed
Cash Flow: $572,345
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 6
BBN Listing #: 20804447
Broker Reference #: 20880

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Business Overview:

A Medicare approved vendor for DME and O and P (Orthotics and Prosthetics). Orhtotist license allows owner to construct and apply more complicated and higher reimbursement items. Off the shelf knee and back braces. Shoes are ordered forDiabetic patients. Owner chooses to not supply common DME items like wheelchairs, beds canes and crutches, etc. but has license and insurances to provide full array ofDME items Limited DME product offerings and limited online presence. Labs Manufacture prosthetics and orthotics. Accredited with all HMOs for shoes, DME and orthotics. Opportunity for mastectomy, Hoyer lifts, scooters and other hospitals. Patients entitled to new orthotics every year. Owner sees patients 3 days a week.Two major hospital relationships and works with many surgeons, orthotists, & orthopedic groups. Medicaid 30%, Medicare 30% and private pay is 40%. Company .Referrals by doctors..No salesmen, marketing or web site. No one locally competes with him. 95% of revenueis currently from O and P practice- rest DME. New buyer canchange percentages.Perfect for Orthotist or other medical professional. Contact broker Joseph Stansky for more details. Proof funds andrelated background required for more information and meeting with the owner. Please use email reply button of this ad to contact us.

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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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