Businesses For Sale > Business For Sale in North Carolina (NC)
Established Leader in Mobility & Accessibility Solutions for sale in NC
North Carolina (NC)
Asking Price: |
Gross: |
Cash Flow: |
$ 2,695,000 |
$ 4,950,205 |
$ 840,463 |
Furniture and Fixtures Value:
$ 508,425 (included in the asking price)
Inventory Value:
$ 60,000 (included in the asking price)
Real Estate:
(not included in the asking price)
Business Summary:
This established three-location franchise business offers a unique opportunity to enter the thriving mobility and accessibility market. The company specializes in the sale, rental, installation, and servicing of a wide range of equipment, including stairlifts, wheelchair lifts, ramps, patient lifts, and more.Key Highlights: Proven Franchise Model: Backed by a reputable franchisor, this business leverages a successful system for operations, marketing, and customer service. Diversified Product Portfolio: Caters to a broad range of client needs with a comprehensive selection of mobility and accessibility solutions. Strong Customer Focus: Recognized for its commitment to providing reliable, customized solutions that build long-term client relationships. Established Reputation: Trusted provider within the industry, fostering loyalty with individuals, families, commercial businesses, and healthcare providers. Favorable Market Dynamics: Growing demand for mobility and accessibility solutions due to an aging population.This is an excellent opportunity for a qualified investor to acquire a well-established business within a high-growth market.FF&E value shown is the gross amount as shown on the tax return. The current estimated market value to be used for asset allocation will be detailed in the confidential information memorandum.
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Year
Business was Established: 2015 |
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Number of Employees:
14 FT/3 PT |
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Facilities / Terms of Lease:
This established three-location franchise business boasts well-maintained office and warehouse facilities across strategic markets in Virginia and North Carolina.
Locations: 2 locations in Virginia and 1 location in North Carolina.
Lease Structure: Tenant responsible for lease payments, taxes, insurance, utilities, and other operational expenses.
Lease Renewals: All locations require lease extensions or new leases to secure a minimum 10-year term, crucial for potential loan financing.
Facility Details:
Office 1, VA:
Lease Term: Expires August 2024 (Renewal Required)
Use: Office and Warehouse
Key Considerations: Negotiate a minimum 10-year extension upon acquisition.
Office 2, VA:
Lease Term: Expires June 2023 (Renewal Required)
Use: Office and Warehouse
Key Considerations: Secure a minimum 10-year lease extension post-acquisition.
Office 3, NC:
Lease Term: Month-to-Month (New Lease Required)
Use: Office and Warehouse
Key Considerations: Negotiate a new long-term lease (minimum 10 years) upon acquisition. |
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Potential
Growth/Expansion:
Growth Drivers:
Aging Population: The rising number of individuals aged 65 and over creates a growing demand for products that enhance independence and mobility.
Expanding Healthcare Access: Increased federal funding for healthcare programs is likely to fuel demand for mobility equipment as individuals prioritize improved quality of life.
Disability Benefits Growth: Projected increases in disability benefits will empower more individuals to access and afford mobility solutions.
Market Outlook:
The mobility and accessibility equipment industry is projected to experience substantial growth over the next five years. This trend presents a compelling opportunity for the business to expand its reach and meet the evolving needs of a growing customer base.
This well-positioned business offers a chance to invest in a thriving market with a clear path for future growth. |
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Competition:
Competitive Landscape:
Local Dealers: Numerous local and regional mobility equipment dealers cater to specific communities, leveraging personalized service and local relationships.
National Players: Established national and regional competitors offer a broad product range and brand recognition, potentially wielding economies of scale.
Online Retailers: E-commerce players compete on price and convenience for customers who prefer self-installation.
Manufacturer-Direct Sales: Certain manufacturers offer direct sales channels, potentially impacting traditional dealer pricing and support options.
Healthcare Providers: Some healthcare providers and medical supply companies offer mobility equipment, leveraging existing relationships with medical professionals.
Franchise Competitors: Other franchise systems offering similar products and services within various regions pose competition.
Market Dynamics:
Evolving Landscape: New entrants and changing competitor strategies necessitate continual market research and analysis.
Strategic Differentiation: The company's focus on local presence, personalized consultations, and comprehensive support can provide a competitive edge.
By capitalizing on its strengths and customer-centric approach, this business is well-positioned to thrive within the accessibility and mobility solutions market. |
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Owner
willing to finance:
$2,290,750 down/$404,250 over 120 mos. @ 10.50%. |
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Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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Reason for selling:
To pursue other business interests. |
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Seller Reference Number: 1206-18309
BusinessMart.com Listing Number: 308504 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Evelyn Correa
Murphy Business & Financial Services
727-725-7090
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