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Business Overview:
Ramp and Mobility Solutions This well established (11+ years) business provides ramps and mobility solutions for those with mobility challenges. It has limited completion in the local market and an extensive referral base. The business is part of a national network and benefits from manufacturer direct purchasing, a national marketing program and access to national contracts. Revenues are generated through sales, rentals and installation/removal services. Installation/removal services are provided by a reliable network of independent contractors to keep labor costs to a minimum. Though it currently focuses on modular wheelchair ramps, there are multiple opportunities for cross selling related products such as stair lifts and grab bars. While it is viewed as the low cost provider of ramps and services, the net profit margin before owner benefits (discretionary income) is approximately 37%. The current owner is nearing retirement and is seeking the right purchaser to build upon the solid business foundation that has been built. Third-party financing available for qualified purchaser. Purchase Price: $150,000 Revenues (2015): $200,089 Net income: $74,154 (Owner’s Discretionary Earnings)
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Reason for Selling:
Retiring
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