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Online / Remote
Durable Medical Equipment Retailer w/Industry’s Most Searchable Name!
Asking Price
$1,600,000
Revenue
Call/Email
Down
$1,600,000
Cash Flow
$400,000
Description
This durable medical equipment (DME) retailer is primarily a private pay ecommerce operation with a broad-based product offering that includes mobility products from scooters and power chairs, assist recliners, patient lifts to hearing aids and more. The company has a formidable online presence with its own brand, as well as its fulfillment by Amazon component, that represents about one third of its revenues. The brand opened a retail showroom as an amenity to those customers that may prefer to test products prior to purchase. The company’s brands, which serve 2.7 million members, offers medical equipment rental options, i.e. scooters, lift chairs and patient lifts, through the showroom and online website.
This brand has a unique competitive advantage due to its phenomenal domain names, each of which rank high in search results, as well as its broad product line that includes over 500 top brands, 150k products, exclusive relationships with several vendors, and shipping offered throughout North America and Europe! The company’s focuses on competing on customer service-driven sales, due to their vast product knowledge coupled with an actual bricks and mortar showroom.
New management may wish to evaluate the company’s retail component, which generates an estimated $10k - $12k/month in sales, in additional to $2.5k to $3k per month in rental revenues, but requires more costly retail space and additional staffing. They may consider actively pursing the smaller residential care facility marketplace with a sales team, developing referral partners and penetrating the eldercare consultant markets. The company focuses on the private pay market, but new owners may choose to pursue the insurance-based market as well. Given their commanding web presence, new management may consider expanding much further into additional product categories that they may only have a cursory presence in. Finally, the firm offers free shipping, but has no done an in-depth analysis of the total costs associated with the shipping, returns, and restocking – all of which may merit additional analysis.
This brand has a unique competitive advantage due to its phenomenal domain names, each of which rank high in search results, as well as its broad product line that includes over 500 top brands, 150k products, exclusive relationships with several vendors, and shipping offered throughout North America and Europe! The company’s focuses on competing on customer service-driven sales, due to their vast product knowledge coupled with an actual bricks and mortar showroom.
New management may wish to evaluate the company’s retail component, which generates an estimated $10k - $12k/month in sales, in additional to $2.5k to $3k per month in rental revenues, but requires more costly retail space and additional staffing. They may consider actively pursing the smaller residential care facility marketplace with a sales team, developing referral partners and penetrating the eldercare consultant markets. The company focuses on the private pay market, but new owners may choose to pursue the insurance-based market as well. Given their commanding web presence, new management may consider expanding much further into additional product categories that they may only have a cursory presence in. Finally, the firm offers free shipping, but has no done an in-depth analysis of the total costs associated with the shipping, returns, and restocking – all of which may merit additional analysis.
To get more information about this Durable Medical Equipment Retailer w/Industry’s Most Searchable Name! business for sale in Huntington Beach, California please contact Ryan Clark (Broker - BRE License #:01399346) at contact@theveldgroup.com or +13106528353
Business Details
Year Established:
2002
Employees:
11
Reason for sale:
Personal
Support & Training:
Seller will train for 2 weeks at 20 hour per week or as negotiated
Property Information
Size in Square Feet:
6,000 sqft
Lease Terms:
This 6k square foot facility leases for $12.5k per month on a lease until January 2030.
Premises Details:
All of the business’s furniture, fixtures, equipment, goodwill and its truly remarkable domain names will be included in the sale. An estimated $400k in retail inventory will be sold at cost at close in addition to purchase price.
Lease & Tenant Information
Lease Options:
$12,500
Posting Information
Posting ID:
6025196
Business Category:
Health, Medical, Fitness, Beauty
Business Types:
Fitness & Medical Equipment
Online Business:
Yes
Attributes:
Online/E-Commerce/Web
Owner/Seller Financing
SBA Loan Pre-Qualified
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Durable Medical Equipment Retailer w/Industry’s Most Searchable Name!
Posting ID
#6025196
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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