New Listing - Mobility Franchise
The owner of this successful and established mobility equipment franchise is retiring after over 7 years of developing and running this business. The business retails a full line of lifts, scooters, power chairs and accessibility products. The business has developed into a full service company that carries new and recycled products, provides repair and maintenance services, and offers rental equipment for institutions that assist the elderly and mobility impaired.
This is an exceptional opportunity to acquire a business that is built on an excellent reputation, while continually receiving support from its franchisor. The business has access to established brands and has access to preferred pricing to enhance profitability.
The owner acts as the general manager, and oversees the day to day operation of the business. Additionally, the company has seven more employees that handle retail sales, installations and administrative tasks. The asking price includes $225,000 of inventory.
In addition to the growing senior population, opportunities for future business growth include increased online presence as well as further developing the highly lucrative rental equipment part of the business.
Transaction Information:
Asking Price: $450,000
Revenue: $1,050,795
Normalized SDE: $101,083
Inventory (included): $205,000