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Business for Sale Summary

Orthotics & Prosthetic Retail Business for Sale NY - 20880

Business Type: healthcare related services,misc. servicel/non-classifiable,professional services,seller financing available,health/medical/dental practices
Owner Financing
Orthotics & Prosthetic Retail Business for Sale NY
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This business has received 87 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $1,800,000 Down Payment $1,200,000
Gross Revenues $3,068,741 Lease Remaining Register Free to View
Owner’s Cash Flow $572,345 Number of FT Employees Register Free to View

Financing

$1,200,000 Down and 600,000 over 5 years @5%

Business Description

A Medicare approved vendor for DME and O and P (Orthotics and Prosthetics). 6rhtotist license allows owner to construct and apply more complicated and higher reimbursement items. Off the shelf knee and back braces. Shoes are ordered for Diabetic patients. Owner chooses to not supply common DME items like wheelchairs, beds canes and crutches, etc. but has license and insurances to provide full array of DME items Limiited DME product offerings and limited online presence Labs Manufacture prosthetics and orthotics. Accredited with all HMOs for shoes,DME and orthotics.Opportunity for mastectomy, Hoyer lifts, scooters and other hospitals.Patients entitled to new orthotics every year. Owner sees patients 3 days a week.Two major hospital relationships and works with many surgeons,orthotists, & orthopedic groups. Medicaid 30%, Medicare 30% and private pay is 40%. Company .Referrals by doctors..No salesmen, marketing or web site. No one locally competes with him. 95% of revenue is currently from O and P practice- rest DME. New buyer can change percentages. Perfect for Orthotist or other medical professional. Contact broker Joseph Stansky for more details. Proof funds and related background required for more information and meeting with the owner.. Please call 1-877-735-5224.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.