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Businesses For Sale   >>   Worcester Businesses For Sale   

Scalable Medical Supply Business

Location  Worcester County, Massachusetts, United States
Asking Price Range  $250K - $500K
Gross Revenues  $431586
Net Profit / Cash Flow  $125298
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1982
Number of Employees  4 - 5
Inventory  100000
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Training  Seller will provide training
Reason for Sale  Other business interests

This 32 year old scalable medical supply business has contracts with the major health insurance companies such as Blue Cross Blue Shield, Tufts Healthcare, Harvard Pilgrim Insurance, and Fallon Insurance. The company also accepts Medicare and is a Medicare accredited facility. The vast majority of their business is with private insurers and walk in private pay customers. The company offers a full product line of supplies such as scooters, wheel chairs, orthopedic supplies, incontinence products, and general medical supplies such as blood pressure units. The company's particular niches are orthopedic compression, mastectomy fittings, and cosmetology services used by cancer patients. Since the founding of the company in1982, the company has developed many relationships with area doctors, hospitals, rehabilitations centers, and cancer centers. The patients enjoy and benefit from the personal and private attention from our staff. According to AARP almost 3,000,000 (Three million) people will turn 65 years old this year and the trend will continue over the next 16 years. This ensures an opportunity for growth based on the demographics alone. Additional opportunities for growth include expanding product lines to include urology products, respiratory services, diabetic supplies, surgical dressings and beds. Additional locations can also be added. The owner is willing to provide three months of training and assistance in transferring the relationships. A medical background is not required to operate the company but a medical background would be helpful in growing and expanding the business. The real estate that houses the business is also available for sale for an additional $350,000. The seller is willing to provide financing to the right buyer.

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