Home Medical Supplies, NY

Price: $975,000

Location: New York

Industry: Health Care and Fitness

Listing ID: MS3122025

Established in 2004, This Home Medical Supply company rents and sells home medical equipment and supplies. Their product lines include; Powered Wheelchairs, Scooters, Walkers, Bedroom and Living Room Equipment, Medical Mattresses, Shower Chairs and Benches Bathing Accessories, Incontinence Products, and more. Most of products that are sold are also available for short or long term rental.

This business is located in Brooklyn, NY and service customers throughout the Metropolitan New York area including; Manhattan, Brooklyn, Queens Long Island, The Bronx, Westchester County, as well as Northern and Southern New Jersey. This company sells their products nationwide through their website which are drop shipped by other vendors. The location comprises 4,500 SqFt office and warehouse space. The location can also accommodate a showroom.

The business is priced to sell with a highly motivated owner. The opportunities for growth within the homecare medical equipment market is very strong at this time. The seller will provide hands-on training to ensure a smooth transition. The seller is seeking retirement.

• Asking Price: $975,000
• FF&E: $15,000 (Included in Purchase Price)
• Annual Cash Flow: $375,000
• Gross Revenue: $1,100,000
• Employees: 6
• Inventory: $115,000 (Included in Purchase Price)
• Building Size: 4500 SqFt
• Down Payment: Negotiable
• Monthly Rent: $9,000
• Security Deposit: $18,000
• Payroll: $300,000
• Established: 2004
• Reason for selling: Owner is seeking retirement.
• Open: 5 Days

Gross Revenue: $1,100,000

Cash Flow: $375,000

FFE: $15,000 (Included in price)

Inventory: $115,000 (Included in price)

Reason for Sale:

Seller is seeking retirement.

Training & Support:

Seller will support and train to ensure a smooth transition.

Year Established: 2004

Employees: 6