Durable Medical Equipment Company In Virginia For Sale

Business description

Profitable, well established Durable Medical Equipment company provides power wheelchairs, manual wheelchairs, walkers, baths, beds, lift chairs, stairlifts, ramps, lifts and ADL supplies. Medicare/Medicaid certified, accredited and bonded. Revenue comes primarily from Medicare, Medicaid, Private Insurance, Retail Sales, Equipment Repair and Rentals. Effective referral system consists of hospitals, rehabilitation centers, doctors offices, assisted living communities, other medical providers and satisfied clientele. Market area covers 50 to 75 miles in Virginia and West Virginia. Recession proof business. Trained personnel on board. Owner Retiring. Owner Agrees to stock sale for easy transfer of licenses.

Property information

Location:

Facilities include 4 large showrooms for equipment display with back office space, employee kitchen as well as a storage/shop area. Located within .5 miles of large area hospital.

Size in square feet:

3,800

Business Operation

Expansion potential:

Potential for Growth within the Medical Industry is very good and the fact that this is a niche product not offered by the vast majority of medical product providers.

Competition / Market:

Little competition because of complication with establishing a company as an authorized Medicare provider.

Reasons for selling:

Retirement

Trading hours:

Monday - Friday 9AM to 4PM Saturday: By Appointment

Employees:

4 FT

Years established:

9

Other information

Support & training:

Will train for 4 weeks @ no cost

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$35,000 (included in the asking price)