Durable Medical Equipment Dealer

Downingtown, PA (Chester County)

Seller Financing Available
Durable Medical Equipment Dealer

Asking Price:$34,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2002

Durable Medical Equipment Dealer

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Business Description

The is a durable medical equipment retailer that specializes in the sale, rental, service and repair of equipment and other solutions for individuals who have temporary or permanent physical limitations as a result of age, disease, illness, injury, obesity, or surgery. Products included power and manual wheelchairs, scooters, rollators, walkers, lift chairs, stair lifts, vehicle lifts, hospital beds and more. Based on research on the demographic trends regarding the aging population and people living longer, coupled with hospitals sending people home much sooner than before, provides a good business ownership opportunity. Research also shows that Pennsylvania has the second highest population of seniors, second only to Florida, and a high population of disabled persons, which is very compelling for the business of mobility related equipment and accessibility aides. The dense population in the communities of eastern Pennsylvania with older multi-story homes further provides a robust natural market for home modifications for handicap accessibility, mobility and safety.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
4
Facilities:
This business operates in a 2,000 square feet showroom and service and repair center in a mall strip shopping center in Chester County, Pennsylvania . There is plenty of parking and good visibility. The lease is currently month to month and the landlord relationship is good. The business can be continued at the current location and a new lease can be negotiated on favorable terms or the business could be relocated with reasonable ease.
Support & Training:
In addition to an office manager, The staff consists of a service manager who has been with the company since 2007. There is a part time service and repair technician who also handles deliveries and has been there since 2006. There is a part time customer service representative who helps service customers and performs general other functions. Current owner is also willing to stay and help with the transition to new ownership.
Reason for Selling:
Owner exploring other opportunities for future personal growth

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Raymond Melcher

Business Listed By:
Raymond Melcher

Marathon Capital Advisors

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