50 year old Medical Supply Store w inventory for sale in Mundelein IL
Asking Price: | $750,000 |
Established Year: | 1974 |
Cash Flow: | $250,000 |
This is a durable home medical supplies store which has been in business in the same location for the last 50 years with great name recognition and solid reputation. We Sell and rent home medical equipment like Wheel Chairs, Walkers, Mobility Scooter, lift chairs, hospital beds, bathroom items and hundred's of other home medical items. The rental component of business has the highest margins. This business has very little competition, low over heads but great potential for growth for any buyer who is interested in tapping in $$$ Billons growing home heath care market for seniors. Currently this business is private pay only and does not do accept any insurance. This Durable Medical Equipment business had great potential to grow and expand if either the new owner already has DME insurance billing contracts with Medicare, Medicaid and other private insurance or willing to obtain insurance contracts which take few months. The sale price includes the whole retail and rental inventory which is worth around $200 K.
BUSINESS LOCATION