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Medical Uniforms / Scrub Business 50+ Years in Business

Loma Linda, CA
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Asking Price:$100,000
Gross Revenue:$171,000
Rent:$2,700/Month
Established Year:1975
Cash Flow:$34,000
Inventory:$75,000
FF&E:$5,000
Listing ID: 2247920Listing provided by BizBuySell
BUSINESS DESCRIPTION

This is a medical uniforms and accessory business in the city of Loma Linda with over 50 years in this location. It is being sold due to the owner choosing to retire.
The business is located in the hub of medical clinics and nationwide known hospitals. Proximity allows for foot traffic from local employees.
The business has exclusive selling rights in this area for Dansko Clogs, a popular footwear choice amongst medical professionals.
This includes over $75,000 in inventory; the business is ready to go operating as is.
Business is fully furnished with all displaying racks and necessary equipment.
This is a business for a go-getter, there is a lot of opportunity to develop group order deals with surrounding hospitals, clinics, and offices. There is also potential to expand to an online website to increase sales via exposure. This is a well known business in the community with endless opportunity for growth.

DETAILED INFORMATION
Location
Loma Linda, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
977
Lease Expiration
31/12/2025
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business includes a known name in the community that has been in this location for 50 years. Our family has owned it for the past 40 years. You will receive over $75,000 in purchased inventory and 100s of additional merchandise items being included for free. You will receive accounts with all of our current vendors including our exclusive rights to Dansko in the vicinity. You will receive all of the racks and fixtures used to display all merchandise.
Competition
There are a couple other stores down the 10 freeway, but our proximity to the Loma Linda University Health Center makes this business valuable.
Growth & Expansion
This business can grow immensely by working with surrounding medical offices and hospitals to create group order relationships. This business can also expand by developing a website and selling online.
Support & Training
We can get the new owner acquainted with the vendors and method of current operations. The buyer can choose to change to new methods of running the business or continue to run it as is.
Reason for Selling
Retirement
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