Established Orthopedic & Surgical Supply Distributor
Asking Price: | $764,000 |
Inventory: | $53,000 |
Established Year: | 1961 |
Gross Revenue: | $1,296,215 |
EBITDA: | $203,602 |
Year Established: 1961
Founded by the father as a distributor of orthopedic equipment, this well-established business has been passed down to the son, who is now selling as he prepares for retirement.
Location:
Lease Opportunity: 1,300 sq. ft. in a prime area for $5,000/month
Employees:
2 outside sales employees (1099)
Office manager/ABC fitter (W-2)
Owner and wife are both on payroll (W-2)
Business Focus:
Historically, the business has focused on distributing orthopedic braces for a wide range of needs. Recently, they’ve shifted more towards surgical supply distribution, offering a simpler and more efficient sales process. The company is a distributor for several vendors, with access to discounts ranging between 30-40% off full price lists.
Growth Opportunities:
There is significant room for expansion through additional accreditation. The business is already accredited, and further accreditation (estimated at $5,000-$7,000) would allow the new owner to grow the business further. The current owner, an orthotist, is willing to provide his accreditation for the long term at no additional cost, making the transition smooth and offering stability for future growth.
Marketing & Sales:
The business currently operates without active marketing, relying solely on its established reputation and industry connections. With the introduction of a marketing strategy, the business could significantly increase its client base and revenue.
Owner’s Role:
The current owner oversees operations and is looking to retire and pursue other interests. He is available to provide training and support during the transition period.