Listing Number: 11223-240222
Description
This unique medical supplies business sells mostly PPE products to nursing homes and other suppliers. With longstanding relationships with both suppliers and customers the business can thrive with new full-time owners focused on growing the relationships to new products.
Note: the business has two operating partners that have other businesses and does not have any current employees.
Sales are made to:
- Nursing home ~65%
- Other Suppliers ~35%
Current PPE products sold include:
- N95 ~65%
- Gowns/Face Shields ~30%
- Other ~5%
Relationships with their suppliers and customers can easily be grown to include products the company does not currently sell. The owners will transition those relationships to the purchaser and are open to creative structures.
Business Net Income has been very strong:
- 2020 (less than FY in business): $317,626
- 2021: $392,721
- 2022: $377,703
Reach out ASAP for additional information!
Listing Details
- Price: $ 1,000,000
- Down Payment: --
- Sellers Discretionary Earnings: $ 377,703
- Total Sales: $ 2,579,078
- Location: Monmouth County, New Jersey
- Inventory: $ 50,000
- FF&E: $ 0
- Employees: 0
- Reason for Selling: Other Business Pursuits
- Category: Medical Related Biz