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Long Beach

  • Listing Number: 130-21126

  • Category: Retail

Asking Price $575,000
Down Payment
Gross Revenue $1,251,489
Total Adjusted Net Income $227,832
Equipment / Fixtures $30,000
Year Established
General Location Long Beach
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Medical equipment and supplies are in demand! This is truly a unique opportunity to acquire a well-established, turn-key medical equipment & respiratory supply retail business in Long Beach. This nearly 40-year-old, profitable business is well-known for its outstanding customer service and quality products it provides to its customers. The business offers a variety of home medical equipment and respiratory supplies from wheel & power chairs, portable oxygen systems to miscellaneous medical supplies. The business rents & sells equipment and supplies direct to consumer and has long-established insurance contracts in place. The business is fully staffed with well-trained, long-term employees who provide top quality customer service. A 2006 GMC Cargo Van and a 2012 Chevy Cargo Van are included in the sale. Two CA State Department of Public Health, Food & Drug Branch Licenses are required to operate the business. Inventory is not included in the asking price, due to fluctuating levels. A buyer will need to purchase the inventory on hand at closing in addition to the business price. On average, the business carries approximately $100,000 of in-store inventory. The business is poised for growth as the customer base continues to expand with the aging baby boomer generation. This is a perfect opportunity for an existing company looking to grow through acquisition or for a buyer looking to take this business to the next level! Inquire Now! Email inquiries to: ddube@fcbb.com

Gross Revenue $1,251,489 Listed Price $575,000
Total Income $227,832 Down Payment
Base Rent $4,268 Square Feet 4000
Total Rent $4,268 Lease Expiration 12/2021
Rent Deposit $4,000 Lease Options Month-Month
Inventory Not Included Leasehold Improvements $45,000
Equipment / Fixtures $30,000 Other Assets
Full-Time Employees 11 Training Period 30 Days
Part-Time Employees Special License Required CA State Department of Public Health, Food & Drug Branch Licenses
Contract Staff Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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