Hot Listing
Durable Medical Equipment Retailer w/Industry’s Most Searchable Name!
Business 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. Given this opportunity's commanding web presence, new management may consider expanding much further into additional product categories that they may only have a cursory presence in.
About the Business
- Years in Operation
- 23
- Number of Employees
- 11
- Facilities & Assets
- This 6k square foot facility leases for $12.5k per month on a lease until January 2030. 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.
- Market Outlook / Competition
- 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.
- Opportunities for Growth
- New management may wish to evaluate the company’s free shipping policies, as well as their retail component, which 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.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 6,000
- Rent
- $12,500.00 per month
- Lease Expiration
- 1/1/2030
About the Sale
- Seller Motivation
- Personal
- Transition Support
- Seller will train for 2 weeks at 20 hours per week or as negotiated.
- Financing Options
- Seller may consider a small secured carry to facilitate an SBA loan. They have an ex
Listing Info
- ID
- 2401694
- Listing Views
- 677
Listing ID: 2401694 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleCalifornia Businesses for SaleCalifornia Manufacturing Businesses for SaleCalifornia Medical Device Manufacturing Businesses for Sale
Similar Listings
