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Medical Mobility Sales and Service for Sale in South Central North Carolina

Reference #: 41415057
Location: South Central North Carolina
Price: $1,300,000
Amount Down: $1,300,000
Revenues: $1,138,556
Discretionary Earnings: $276,212
Total Assets: $73,549
Business Description:

 

This business was founded in 1995 and is located in South Central North Carolina.  The Company markets medical mobility products directly to their customers.  Their goal is to exceed their customer's expectations. Since the business was established, the Company has provided mobility equipment to several thousands customers in both North and South Carolina.  The Company has earned a solid reputation of being the area experts in assisting customers' select the right type of Medical Equipment to overcome mobility limitations.   Specifically, the Company offering includes motorized wheelchairs, manual wheelchairs, electric scooters, hospital bends and other ancillary equipment.  In addition, the Company provides maintenance and repair services for all the products they market.


 


Total revenue is derived from three sources:  1) Medicare – 25%,   2) Medicaid – 15%, 3) Private Insurance and Customer Pay – 10%, 4) Repairs and Equipment Maintenance – 50%.  The Company has developed competitive advantages that will sustain the growth and profitability of this company post acquisition. They include:


 


 



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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.