Durable Medical Equipment Dealer & Medical Supplies Business For Sale

Business description

Durable Medical Equipment Dealer & Medical Supplies - This gentleman started his business in 2003 and has grown to exceed $400,000 in sales annually. He's located in the metropolitan Detroit area, equidistant between two major hospitals, so it's ideally situated for the discharged patients, issued prescriptions by their medical care provider.

This is a full service dealership and the owner is qualified as an Orthotic Fitter, as well as a Therapeutic Shoe Fitter. The new owner would want to acquire both of these licenses (or have an employee do so), as its typically a three day course for both disciplines.

Rent is very reasonable for a fashionable, suburban area at $1,400 per month. Lots of parking and the lease is up for renewal in June of 2008. Seller is asking $295,000 and will carry a note for the right buyer, who will appreciate a $130,000 cash flow if he/she simply maintains the simple pattern the present owner has designed. Call Ken George or Ethan Dozeman for further information.

Property information

Real Estate:

Lease

Lease terms:

$1,400 per month

Other information

Support & training:

Seller will provide training

Reasons for selling:

To advance his education

Trading hours:

Monday-Friday 9-5

Financing available:

Seller will negotiate financing

Inventory / Stock value:

$10,000 (included in the asking price)