Medical Equipment Rental Business
Location Florida,United States
Asking Price Range $500K - $1.0M
Gross Revenues $550192
Net Profit / Cash Flow $150000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2001
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description Since 2001 this medical equipment rental business has built a solid name in the community. Changes have taken place in the industry over the years but one thing remains true - the population is aging and more people will require affordable care at home. This business is approximately 50% medicaid medicare and also does significant work for Hospice and insurance providers to help clients get needed care.
Services include Respiratory Equipment, Mobility Aids, Ambulation Aids, Sickroom Setup, and Disposable Supplies. Most are rented and some are purchased such as canes and crutches.
The sale comes with a full inventory and several stocked delivery trucks. The rent is reasonable for 3000 foot $2444 per month. Seller will stay on for the transition if needed but currently works less than twenty hours a week and manages the three employees. The best part is you can buy this with just $100k down and possibly assume an existing loan on the business. Equipment and inventory in excess of $400k is included in the sale. Contact Mike Kane for further details.
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