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Business for Sale

Orthotics & Prosthetics Business for Sale NY
Orange County, NY

Listing #20880

   
Financial Information (non-confidential)
Asking Price $1,000,000.00 Gross Revenues $3,068,741.00
Down Payment $750,000.00 Owner’s Cash Flow $572,345.00

Financing: $750,000.00 Down and Seller financing for the balance over 3 years at 5% to a qualified buyer.

Reason for Selling:Retirement

A Medicare approved vendor for DME and O and P (Orthotics and Prosthetics). Orthotist 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 Limited 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.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Joseph Stansky Esq
Senior Business Broker
631-383-3109
jstansky@vestedbb.com
Servicing Area:
Nassau County, NY
All of NJ
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Joseph Stansky Esq

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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