Wholesale & Retail Medical Supply Store
Location Rhode Island,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1330005
Net Profit / Cash Flow $528516
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1982
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Training It is negotiable as to how long the current own...
Reason for Sale The owner wishes to cut back average hours spen...
Description This business was originally established in December of 1982 by David J. & Prof. Basilio J Mignacca (who sold CVS their first pharmacy in 1969) and has since been passed on to the owner's son ''Jay'' Mignacca. For the first 20 years, the company did mainly rehab and third party billing but has evolved to a cash and carry and wholesale medical supply store. It is currently a pilot store for a new type of business that sells products to consumers that either do not have insurance or that are purchasing a myriad on ''non-covered'' items. The company expedites a wide range of medical and related items (over 7,000 items) to end users of all types including: retail and web customers, physicians, dentists, tattoo and body piercing artists, businesses, medical care facilities, government agencies and non profit organizations. The current president has been serving the public in a retail / wholesale environment for over 34 years. Contact for more information on this Wholesale & Retail Medical Supply business for sale.
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