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Owner Retiring: Very Profitable 35-Year Medical Equipment Dealership

Lauderdale County, AL

Medical equipment dealership business for sale.
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Asking Price: $995,000

Cash Flow: $290,152

Gross Revenue: $1,169,355

EBITDA: N/A

FF&E: N/A

Inventory: $75,500

Rent: $0.00

Established: N/A

Owner Retiring: Very Profitable 35-Year Medical Equipment Dealership

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Business Description

This highly respected firm was founded in the 1980s and its sterling reputation now spans over 35 years. The business is for sale only because of the retirement of the owner.

The company is a dealer for a line of medical equipment in a territory encompassing northern Alabama and Mississippi and the western half of Tennessee. The firm represents some of the leading equipment manufacturers in the market and is the dominant supplier in the territory.

Revenue is balanced between sales and service. Revenue streams include facility design and engineering, sales of new equipment, repairs, upgrades and routine service contracts.

The company has over 50 loyal customers with no one customer accounting for more than 10 percent of total revenue. The top 20 customers would comprise approximately 50 percent of revenue.

The new owner of this business could expand the revenue and profits by broadening the product lines to include related equipment not currently offered. While this challenge would involve developing experience in different technologies, the ability to "piggy-back" the effort on the loyal customer base would provide a platform for dramatic business growth. The existing owner has chosen to focus on their current core expertise.

For additional information on this rare possibility, please contact William Bruce from this website. A confidentiality agreement and qualifying financial information are required to receive details. We look forward to showing you this excellent opportunity.

Detailed Information

Location:
Lauderdale County, AL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
9,000
Lease Expiration:
N/A
Business Website:
http://williambruce.org
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(from currently available funds)
 
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William Bruce, ABI

Business Listed By:
William Bruce, ABI

William Bruce Business Sales & Acquisitions, LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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