Diagnostic And Medical Equipment Company In Westchester County For Sale

Business description

Diagnostic & Medical Equipment Company for sale. There are three parts to this business that services the NY Metro area. 1. Sales, rental, and service of Handicapped Lifts (ie. stair lifts, power chairs and wheelchair lifts). There are installers on staff to install and repair. They would stay on with a new owner. 2. Sales and rental of home medical equipment such as Oxygen Tanks, Hospital Beds, Diabetic Shoes, Custom and pre-fabricated braces (knee, back, wrist and ankle). 3. Rental (and operation) of diagnostic equipment to physicians (nerve conduction velocity, vestibular, vascular and sleep study machines). The seller is willing to train any buyers in the operation of these machines. He would also stay on as a consultant. Experience with these machines is preferred, but not necessary. Business is generated from a consumer web site as well as physician referrals. As of 9/30/11 the business has grossed $359,678.00 with a Net Income of $200,113.00 (Detailed P&L with addbacks provided to qualified buyers). The year end Net is expected to be $225,000.00. ALL INCOME AND EXPENSES ARE TRANSPARENT AND COMPLETELY VERIFIABLE. We are looking for serious and qualified buyers with at least $200K in liquid capital for the downpayment and working capital. The seller is also open to taking on a working partner.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Looking to move on to another project.

Employees:

2/2

Years established:

2005

Other information

Support & training:

seller weill train

Financing available:

200,000 down & $200K over 7 yrs. @ 5%.