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Durable Medical Equipment (DME), Scooter Rentals for Sale in Ft. Worth & Plano
| Reference #: |
41152364
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| Location: |
Ft. Worth & Plano
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| Price: |
$1,750,000 |
| Amount Down: |
$875,000 |
| Revenues: |
$1,700,645 |
| Discretionary Earnings: |
$439,059 |
| Total Assets: |
$277,325 |
| Business Description: |
When the current owners acquired this DME in 2008, it was a one-location operation with about $800,000 in revenue and heavily reliant upon Medicare (85%). Now the business has two retail locations, revenues have doubled, they are free from the grip Medicare had on the revenue and they have added two additional revenue streams on-location scooter rentals in Dallas and an ecommerce site selling medical mobility products nationwide.
The operation offers its customers access to high-end medical mobility products power wheelchairs, scooters, vehicle lifts, walkers, crutches, canes, lift chairs, hospital beds anything related to mobility and mobility rehab. They also offer repair and maintenance services on all of the products they sell and more, making them one of the only places in all of the Metroplex where customers can receive such qualified work. In addition to the retail sales and service they offer, the scooter rental and ecommerce sales opportunities are growing and poised to expand. This three-headed revenue mix has allowed the company to gain favor with key vendors by purchasing inventory in bulk, which also leads to more favorable wholesale pricing.
This business is accredited by Medicare, employs a certified assistive technology practitioner (ATP), holds a Texas State Prescription License, has multiple Master Lift Installers on staff and has contracts with numerous insurance companies. They are also bonded and carry a $7MM general liability insurance policy covering all three aspects of their operation.
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Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
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