New Jersey - East Newark LISTING #: 17489
This highly profitable portfolio of medical businesses specialize in selling Durable Medical Equipment such as glucose monitors, wheelchairs, hospital beds, oxygen equipment, and more. Founded in 1999, this business has established an extremely loyal customer following with most of the revenues coming from recurring subscription billing and these income streams continue to thrive in 2017 with over 5,000 customers that routinely reorder medical supplies or rent medical equipment.
With over $1.2MM in accounts receivable and over $700k in FF&E included in the asking price, this rare acquisition opportunity represents an outstanding value that’s essentially selling for less than 1x earnings with the included AR / FF&E factored in. This business is 100% turnkey and is a perfect fit for anyone with general management experience since 100% of the physical delivery work is handled by the company’s employees, all of which are willing to continue working for the business after the sale is finalized.
With a proven track record of strong recurring cash flows that spans over a decade, a highly valuable base of over 5,000 active repeat "subscription" customers and $1.2MM in accounts receivable / $700k in FF&E included in the asking price, this highly quality acquisition opportunity offers a return on investment unlike anything else currently on the market.
Office: LBB New Jersey
Property Leased: Yes
FF&E Included: $30,000
Real Estate Included: No
Building Size: 4000 sq ft
Hours of Operation: Monday - Friday
Reason for Selling: Focus on retirement.