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Pedorthic Care & Orthotic Specialty Services
Location: United States -> South Carolina
Industry: Health and Medical > Medical Devices




Business Summary

Located in Central South Carolina, this company specializes in the custom design, manufacture, and fitting of lower leg Orthotics and Prosthetics. The company's primary focus is on artificial legs and braces (below and above the knee). The Company further services it patients by providing regular maintenance, and adjustments for comfort and performance.

Health Insurance currently represents 90% of sales as products and services are sold to Medicare, Blue Cross Blue Shield and Medicaid Patients, while the other 10% of the Company's products and services are sold to individual cash paying customers. With its broad range of products and services, the Company's marketing efforts focus on developing working relationships with referring physicians and physical therapists. This pedorthic company's services patients within a 50-mile radius. Revenues are projected to increase approximately 10%.

Leg Orthotics, custom designed and fit AFO, KAFO, knee braces, Diabetic Footwear (over counter & custom made), Artificial Legs (below and above knee) and Compression Garments are their leading products. Established over 30 years ago, this business starts at product design and takes the process all the way through to routine maintenance. This company could be operated in a hands-on or absentee fashion, giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. With stable revenues over the past seven years, Please contact Arthur Vann directly at 803-443-2099 about Listing ID 71163.

Asking price $1m-$5m. 60% repeat clientele. The facility is 4,000 square feet. 2,500 sq. ft. is allocated to the reception area, offices, patient examination rooms, and a performance room for evaluation and training with 1,500 square feet allocated to product development, fabrication, and storage for retail inventory and raw materials. The property is owned with the option to purchase or lease long-term.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,152,000
Cash Flow:   $350,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $75,000
Seller Financing:  Yes

About The Business

Year Established:  1985
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  The key employees will most likely be available after the sale. The owners will be available for a reasonable transitioning.
Reason For Selling:  Other interests




Print Listing Id: 700260111
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Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

Also See: Franchise Opportunities > Franchise Resales > South Carolina Businesses For Sale > South Carolina Franchises For Sale > South Carolina Business Brokers



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