Last Revised: 11/22/19. Posting #: 10248992
Key Words: delivery, medical, specialty delivery
Financial Info: Price: $800,000, Revenue: $1,120,258, Cash Flow: $302,591 FFE: $10,000 (Included in Price) Inventory: $300 (Included in Price), Lender Pre-Qualified: Yes Pre-Approved for 3rd Party Bank Financing for qualified buyers. 1,000 sq. ft. office. Lease: Transferable, $2,100/month. Long-term employees.
Profile: This is your chance to own a turnkey, high-performing specialty delivery business serving the medical industry in New York. The company serves as a conduit between medical suppliers and medical practices. It is well-respected in the industry and known for dependable service. The company experiences very low staff turnover with many long-tenured team members, and this shines through in their high level of service and customer satisfaction. There is limited competition in the company’s geographic area of service. The competitors that do exist lack the level of reliability and customer service that the company is known for. Years of industry experience, proper staff training and perfected systems & procedures allow the company to operate at this high level of service. The company’s facility consists of warehouse and office space.
The office has recently been renovated including new furnishings and equipment.
This Business has been Pre-Approved for 3rd Party Bank Financing for qualified buyers.
Form of Ownership: S Corp
Reason For Sale: Retirement
Training & Support: Training and Support Provided. Owner will stay on up to 6 months after sale to provide an easy transition
Year Established: 2005
Days & Hours of Operation: Monday through Friday, 5:30am - 5:30pm
Owner Hours Per Week: 55 hours, 5 days a week
Non-Owner Payroll: $2
Employees: 1 Full-time (night driver picks up deliveries and drops off returns), 1 part-time (Office staff, answers phones, filing and customer service), 13 independent contractors. Out of the 13 independent contractors, 6 have been with them for 14 years, the remainder have as much as 1-4 years with the company.
Lease Option: Transferable
Monthly Rent: $2,100
Type of Location: Office
Square Footage: 1,000
Facilities Information: Store front on main road. Benefits: good parking, good access to parkways.
Potential Growth: Night service in Brooklyn would provide more Brooklyn and Queen volume. Adding more service deliveries: optical lenses, optical frames, podiatry, payroll. Already working on adding payroll and additional dental labs.
Professional Resources & Contacts To Help You Close Your Deal!
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
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: 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
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Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: Performing due diligence when buying a business is critical to ensuring that you are making the best purchase for you and your family. As your professional team dives deep into a business during due diligence, be sure to ask the seller these questions about owning and operating the business.
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Profile: In a case study involving hundreds of business buyers, owner/sellers, and business brokers, BizBenNetwork Founder Peter Siegel, MBA and BizBenNetwork Facilitator Manager Jordan Green's research determined the most effective strategies for successfully advertising a business for sale posting online.
Key Words: business for sale, business wanted, for sale, wanted to buy, buy a business, buying a business, sell a business, selling a business, business for sale, advertising, advertise, posting, postings, business broker, brokers, business brokers, broker, agent, agents, jordan green
Profile: BizBenNetwork Manager Jordan Green provides business buyers with tips for ensuring a smooth transition into business ownership and details ways to successfully approach topics such as training, employees, vendors, and contracts in order to keep business running smoothly after assuming ownership.
Key Words: purchase agreement, training period, training, transition, employees, buying a business, business purchase, purchasing a business, jordan green
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Key Words: jordan green, selling a business, sell a business
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