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Durable Medical Equipment Provider

Location: Central US

ID: (#200731)

200731
Price:$350,000
Revenue:$320,000
Cash Flow:$88,530
FF&E (Assets):$23,160
Inventory:$30,000
Real Estate:$0

Overview

See the Trainer is a Medical Equipment & Bracing business that specializes in the sale of orthopedic bracing. STT is a franchise with ten current locations in the US.

With STT, there are many different avenues to success whether through directly stocking for hospitals and other medical practices, walk-in retail business, wholesale sales, and 3rd party insurance billing.

This practice used to be managed by two owners back in 2017 and made around 4x the amount of revenue they currently make. After the departure of one of the owners no more marketing continued and business greatly decreased. This business is an excellent opportunity for new owners who are excited to grow this business back to its full potential.

Details

Reason for Selling:

Owner looking to retire

Established:

17

Employees:

2

Facilities:

Their current lease expires March 2021, but they do have another five year renewal option.

Competition:

There are two other storefronts in town that also orthopedic bracing. However, as stated above, STT has more customized options and more sizes than their competition.

Opportunities for Growth:

Right now STT has no current marketing whatsoever, so any online marketing, sales meeting with doctors and hospitals, or print marketing could help increase sales dramatically.

Support and Training

Transition and Training – The Seller is willing help with the transition and training for a few months after the close of sale. Seller Financing – The Seller is willing to provide some financing for qualified buyers.

Broker Contact Information

  • Wayne Appleton
  • Iowa - Blakesburg
  • (641) 799-3240 Mobile
  • By Appointment Only
  • Iowa - Blakesburg
  • By Appointment Only
  • 7041 255th st.
  • Blakesburg, Iowa 52536
  • Real Estate Broker: