Price: $825,000
Location: Broward County
Industry: Medical Devices and Products
Listing ID: 42734662
Listing Status: New
This Medical Supply Company is the community's trusted source for high-quality medical supplies for the past 30 years. They provide a vast array of the following medical products:
•Incontinence Related
•Ostomy Related
•Urological Related
•Wound Care
•Compression Related Garments
•Hospital Beds
•Mobility Related (Wheel Chairs, Scooters, Walkers, Power Chairs, Lift Chairs)
•Nebulizers
•Mastectomy
•Bath Related (Grab Bars, Urinals, etc.)
Their experienced staff is well-versed, ensuring clients receive the benefits they deserve. The tenure of their staff makes this transition seamless for the new owner to take over. Their billing associate has been with them over 10 years and is excellent at navigating insurance protocols. Their technician has been with them over 20 years. The owners are active in the company, but can be replaced with another active owner that desires to take over their current relationships and continue to build. The owners have agreed to personally introduce the new owner to all of their current referral relationships.
Their success is due to relentless focus on customer satisfaction. Thier knowledgeable and compassionate team guides customers through the selection process, ensuring they receive the right products tailored to their unique requirements. They understand the importance of reliability in healthcare, and their dedication to customers' well-being is unwavering.
The company holds contracts with several major insurance providers, including Medicare and Medicaid. This allows them to streamline the process for clients, providing seamless access to essential medical supplies.
As the medical industry continues to grow due to new virus trends, and continued population growth in South Florida, this is a perfect recession proof business that can be transitioned to a new owner easily.
Down Payment: $750,000
Total Sales: $892,834
Cash Flow: $182,396
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: N/A
Year Established: 1994
Year of last Acquisition: 1994
Days & Hours of Operation: Monday-Friday 9am-5pm
Non-Owner Payroll: N/A
Employees: 5
Managers: 2
Real Estate: N/A
Monthly Rent: N/A
Type of Location: Free Standing
Square Footage: 6000
Relocatable: Yes
Reason For Sale: Other Business Interest/Retirement
Training & Support: 4 weeks at no cost
Financing/Terms: $350,000 is financed for 60 months at 8%.