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!
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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
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Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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