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The company specializes in selling, leasing, and repairing home healthcare equipment for individuals. The company’s primary products include wheel chairs, hospital beds, scooters, and walkers. The company operates from a 7,000-square foot facility, which is owned by the seller with an option to lease or purchase. The facility includes a storefront, warehouse and office space. Offering these products requires a facility with a showroom to display products, a shop to service equipment, and trained personnel to make sales and repairs. The company has a proven track record, supported by its longstanding reputation it maintains with its customers. With its niche range of products, the company’s marketing efforts focus on targeting individuals and adult living facilities in the Medina County, Ohio. Revenues have been decreasing over the past five years, due to several factors. Medicare moved to a competitive bidding process, the high costs of Obama Care, and new competition from internet sales. In 2016, the company’s total revenue was $521,248 with an Adjusted EBITDA of $83,950 and SDE over $110,000. The company is projecting revenue of $575,000 and adjusted EBITDA over $90,000 for 2017. With an established customer base and solid reputation, they continue to attract new customers while maintaining its reputation with existing ones.
Negotiable for the right buyer
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