Profitable ADA/Mobility Service Business!

Not Disclosed, NJ

Asking Price: Annual Revenue:
$549,900 $859,427

Services: Senior Living & Care, Assisted Living

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RE: Profitable ADA/Mobility Service Business! Broker: Seller of Business
Owner Financing is Available!
Limited seller financing available for qualified buyers

Quick Facts

Asking Price: $549,900
Annual Revenue: $859,427
Net Profit: Not Disclosed
Cash Flow: $264,370
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 3
BBN Listing #: 104245079
Broker Reference #: 628

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Business Overview:

The Company is a proven business that provides mobility and accessibility solutions for people that desire to continue living in their homes as long as possible and require assistance in everyday tasks. The business is comprised of selling, renting, installing, and servicing mobility products for clients. The product lines include stairlifts, porch lifts, elevators, wheelchair ramps, patient lifts, scooters and more.
The Company provides an avenue to capitalize on the growing number of aging baby boomers who prefer to live at home and people with mobility related disabilities. Business owners take advantage of the tier one pricing with industry leading product vendors, national contracts, referrals from rehab centers, a proprietary end-to-end operating system, branded and proprietary product offerings.
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Property Features and Assets:

Leased office/showroom and warehouse facility in centralized location

Market Competition and Expansion:

Competition/Market Pros and Cons: (1) Dominant Franchise: The Company is one of few national brands and is the dominant franchise in the mobility and accessibility industries. (2) Large Exclusive Territory: The Company provides service to a large territory in north New Jersey. This area has a population of 1,900,000 which consists of Morris, Sussex, Passaic, and Bergen Counties, and parts of Essex County. (3) High & Increasing Demand: People are living longer and want to stay in their homes instead of living in a nursing home. They require mobility and accessibility solutions so they can maintain their independence. (4) Referral Relationships: The Company operates in an area that North New Jersey has spent a large amount of time, effort and money cultivating. This has resulted in a steady and higher trust of clients calling for work. Growth and Expansion Pros and Cons: (1) Worker’s Compensation Cases: This is a new area for the existing business that can significantly increase sales if pursued. WC business can include items such as handrails to entire home remodels which includes platform lifts, elevators, and other remodeling. (2) Bathroom Remodeling: There are two distinct lines of clients that together represent a large market. Remodeling is centered around the wants and needs of clients to address any accessibility issues with their bathrooms. The revenue margins for this are much larger than selling/installing mobility equipment. (3) Demographics: the business is positioned for high growth due to 80 million baby boomers entering retirement over the next 20 years. Polls show that most retirees would prefer to age in place.

Reason for Selling:

Personal/family concerns

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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