MergerPlace

Growing Industry- Strong Mobility Health

New Jersey (Bergen)


  • Asking Price: $325,000
  • Gross Income: $437,654
  • Cash Flow: $81,353
  • Real Estate: Not Disclosed
  • Inventory: $20,000
  • FF&E: $24,000
  • Listing ID: #208766
  • Established: 2012
  • Employees: 3 FT

Business Description

Feel good about what you do everyday!
Helping the senior community and the disabled become more mobile. This business specializes in the home accessibility market selling/installing stair, wheel and vehicle lifts, along with ramps, lift chairs, and full size scooters. Great reviews and referrals throughout the New Jersey market.

2 service locations in both Northern and Southern NJ. Real Estate is available in the South Jersey location for an additional $125K. Don't miss out on guaranteed stable income opportunity!


Business Details

Primary Business Category: Manufacturing - Medical Devices
Location: New Jersey
County: Bergen

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 3 FT

Financial Information

Asking Price: $325,000
Gross Revenue: $437,654
Cash Flow: $81,353
FF&E: $24,000
Inventory: $20,000
Seller Financing Available: No

Property Information

Facilities:

2 Locations to cover the whole NJ market. Northern NJ showroom and service warehouse in Southern NJ that is also for sale for $125K. Low rent and easily relocatable anywhere in NJ to make it convenient for new ownership.

Growth & expansion opportunities:

Business is growing and tremendous opportunity over the new few years as the senior demographic continues to age. This business is in great position to take advantage of the market. An experienced corporate professional will have the skills necessary to handle the growth.

Competition:

Competition has been pretty steady since inception. We have an advantage because of our warranties for all sales and service. The industry has been steadily growing as the baby boomer market has aged and want the ability to stay in their home and be mobile.

Reason for selling:

Great opportunity for someone looking for stable, growing, niche industry. The fast trending home healthcare equipment for seniors is a huge market. This business is well established within the full New Jersey market. Owner is selling to pursue a new venture but will stay on to transition the business accounts to new owner. Staff in place to continue daily operations.

Support & Training:

Will train for 2 weeks @ no cost Specialized niche in home accessibility for seniors and disabled. Key product lines for lifts, scooters, and ramps. General Contractor license is all that is required. Full NJ/NY territory rights.

Contact Business Seller

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Business Listed By:

Daz Connell

Murphy Business Brokers