Multiple Pedorthic Clinics and Retail Locations

Richmond, VA
Chesterfield County


Asking Price: Annual Revenue:
$850,000 $1,100,000

Services: Medical, Dental


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RE: Multiple Pedorthic Clinics and Retail Locations Broker: Tommy Salmani
Owner Financing is Available!
$225,000.00

Quick Facts

Asking Price: $850,000
Annual Revenue: $1,100,000
Net Profit: Not Disclosed
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 229543891
Broker Reference #: 9525-848551

Email or Print Listing

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Business Overview:

• Incredible opportunity to own a very profitable and lucrative foot health retailer and Pedorthic practice that specializes in custom foot orthotics and comfort footwear. The company consists of two retail locations and one Pedorthic clinic in a hospital.

• Company provides custom shoes, custom orthotics, custom bracing, diabetic shoes and shoe modifications within the Prosthetic Department of a major hospital system in Richmond, VA.

• Retail locations are considered healthcare facilities and as such are able to, accept payment from Flexible Health Spending Accounts with Insurance companies like Aetna.

• In addition to custom comfort footwear, the retail locations also provide Medicare diabetic shoes as part of the Therapeutic Shoe Program through Medicare, multiple standard a wide variety of footwear brands, including, New Balance, Saucony, Brooks, Aetrex, Vionic, Orthofeet and more. In addition, the two foot health retailers are Accredited Facilities through the American Board for Certification in Orthotics, Prosthetics & Pedorthics.

• The stores are accredited in Pedorthics and Orthotic products, meaning their fit specialists can fit individuals for shoes, custom orthotics as well as over-the-counter orthotic bracing and compression garments via a prescription from a healthcare provider.

• This unique and golden opportunity affords you the ability to provide in demand supplies direct to consumers as well as providing this service to a major hospital system in Virginia.

• This business offers long-term security and growth opportunities for the right owner. The previous owner is retiring and willing to spend up to 1-year training and assisting new owners.

Estimated Inventory: $200,000 - Not Included in the asking price

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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.

Relevant Links:

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