Mobility Device Business For Sale

The owner of this successful and established mobility and assistive device business is retiring after almost 14 years of developing and running this business. The business started as a single-product importer and distributor of a line of scooters and has actually developed into a full service company that sells, rents and repairs mobility products and assistive devices, hospital beds, wheelchairs, walkers, and other related products for the elderly and mobility impaired.

The owner acts as the general manager and sales associate and carries out the marketing activities. Additionally, the company has actually three more employees, including the owner�s wife. The asking price includes two-months of inventory, additional inventory purchase will be negotiated between buyer and owner, in addition to the asking price, as the business carries a higher level of inventory in-part due to large overseas product deliveries.

Market growth of the Mobility and Residence Health Care business is projected to grow as the 65-and-over Canadian population increases from 15% to 25% of the total population within the next decades. Approximately 20% of people aged 65-and-over have actually some form of mobility limitation. In addition, opportunities for future business growth include increased online presence as well as further developing the highly lucrative rental equipment part of the business.

Price: $289,000
Revenue: $641,000
Profit (Normalized): $103,000
Employees: 4 FT/ 1P/T
Established: 2002
Inventory (included): $50,000

Asking Price Range:  $250K – $500K
Gross Revenues:   $641,000
Cash Flow:   $103,000
Cash Flow Type:  EBITDA
Inventory:  $50,000
Seller Financing:  Not Disclosed

Year Established:  2001
Number of Employees:  4 – 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

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