50 Year old Medical Supply Store for Sale in Mundelein IL

Mundelein, IL
listing image
Asking Price:$750,000
Established Year:1974
Cash Flow:$250,000
BUSINESS DESCRIPTION

This is a 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 home heath care market for seniors. Currently this business is private pay only but will a significant source of additional revenue for buyer who either already has Insurance contracts or willing to obtain insurance contracts in few months.


DETAILED INFORMATION
Location
Mundelein, IL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,500
Employees
1.5
Facilities
Rental property with low rent and All inventory.
Competition
Only major Medical Supply Store in the County
Growth & Expansion
Exceptional growth potential with marketing and Insurance based Sales
Support & Training
Owner willing to stay for additional six months to guide the new buyer and train the staff.
Reason for Selling
Owner retiring.

BUSINESS LOCATION
Report an Issue with this listing
Ross Kahn
Ross Kahn