Last Revised: 11/5/19. Posting #: 10248978
Key Words: equipment, medical equipment, equipment dealer, dealership, equipment dealership, florence, lauderdale
Financial Info: Asking Price: $995,000, Cash Flow: $290,152, Gross Revenue: $1,169,355, Inventory: $75,000 (included).
Profile: This very profitable business is a dealer for several lines of medical equipment in a territory encompassing northern Alabama and Mississippi and the western half of Tennessee. The firm represents some of the leading equipment manufacturers in the market and is the dominant supplier in the territory.
This highly respected firm was founded in the 1980s and its enviable reputation now spans over 35 years. The business is for sale only because of the retirement of the owner.
Revenue is balanced between sales and service. Revenue streams include facility design and engineering, sales of new equipment, repairs, upgrades and routine service contracts.
The company has over 50 loyal, repeat customers with no one customer accounting for more than 10 percent of total revenue. The top 20 customers would comprise approximately 50 percent of revenue.
The new owner of this business could expand the revenue and profits by broadening the product lines to include related equipment not currently offered. While this challenge would involve developing expertise in different technologies, the ability to "piggy-back" the effort on the loyal customer base would provide a platform for dramatic business growth. The existing owner has chosen to focus on their current core expertise.
For additional information on this rare possibility, please contact William Bruce from this website. A confidentiality agreement and qualifying financial information are required to receive details. We look forward to showing you this excellent opportunity.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
Profile: William Bruce Business Sales & Acquisitions, LLC is a full service, national business brokerage and valuation firm for privately held businesses with special attention given to pricing, strategic marketing, successful negotiation and prompt closings, all while maintaining strict confidentiality.
Key Words: william bruce, american business brokers association, william bruce business sales & acquisitions, business broker, valuation, business valuation, medical, medical equipment, dealership, specialty trades, florence, lauderdale, gulf shores
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Profile: Kyle Griffith is a Managing Partner of the NYBB Group. He represents business owners seeking to sell or grow their business via acquisitions. Kyle is a Certified Business Intermediary focusing on the HVAC & Plumbing, Trucking & Delivery and Distribution industries.
Key Words: kyle griffith, the nybb group, business broker, business intermediary, valuation, business valuation, consultant, delivery, medical, medical equipment, home health, bar, restaurant, hvac, refrigeration, dry cleaners, audio equipment, equipment, distribution, moving, delivery, massage envy, massage, allstate, insurance, plumbing, wine, new york city, kings, brooklyn, bergen, nassau, queens, hudson valley, manhattan, new york
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Profile: Determining a reasonable deposit and appropriate timeline for the various steps involved in a small business transaction can ultimately have a large impact on the sale of a business. BizBenNetwork Manager Jordan Green explains the important role that deposits play in a business’s sale.
Key Words: deposits, escrow, deposit, non-refundable deposit, purchase agreement, attorney, cpa, broker, brokers, buyers, buying a business, due diligence, deal structures, jordan green
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