Listing ID: 82925
Sunbelt Business Brokers of Baton Rouge presents this long standing and large DME (durable medical equipment) business for sale in South Louisiana. Business has been in operation for over 10 years. Company specializes in oxygen and ambulatory equipment but also provides all other standard DME equipment. A van included in the sale is brand new with very, very low milage on it. Business is fully staffed and has several tenured employees. Revenue could be increased with the addition of a sales person. Company name is a fixture in the community. Owner has expressed all provider numbers are clean and unencumbered.
Owner has decided to sell to enjoy retirement. Seller will help train and transition new owner. Owner may consider some owner financing for a qualified buyer with a proper down payment. Contact us today for more information on this excellent DME company! Come meet the owner, see the perfect fit for you, be impressed and make offer!
- Asking Price: $650,000
- Cash Flow: $156,000
- Gross Revenue: $916,000
- EBITDA: N/A
- FF&E: $10,000
- Inventory: $25,000
- Inventory Included: Yes
- Established: 2006
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:900
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
The venture was established in 2006, making the business 16 years old.
The sale will include inventory valued at $25,000, which is included in the listing price.
The business has 5Ft employees and is located in a building with estimated square footage of 900 sq ft.
The property is leased by the business for $1,000 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people resolve to sell companies. Nevertheless, the true factor vs the one they say to you may be 2 entirely different things. For instance, they might say "I have a lot of various responsibilities" or "I am retiring". For lots of sellers, these factors stand. But, for some, these may just be excuses to try to hide the reality of altering demographics, increased competition, recent decrease in earnings, or a range of other reasons. This is why it is really essential that you not count absolutely on a vendor's word, but instead, make use of the vendor's response in conjunction with your general due diligence. This will repaint a more reasonable picture of the business's current circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your offer. Lots of companies borrow money with the purpose of covering points such as supplies, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can mean that earnings margins are too thin. Many companies come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to think about. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that must be satisfied or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the area draw in new clients? Most times, businesses have repeat clients, which create the core of their everyday profits. Certain elements such as new competition growing up around the area, road building, as well as personnel turnover can affect repeat clients and adversely affect future profits. One essential point to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more people that see the business often, the better the chance to construct a returning consumer base. A final idea is the basic location demographics. Is the business placed in a densely populated city, or is it located on the outside border of town? Exactly how might the regional mean home earnings effect future income potential?