Fantastic Healthcare Supply Company (17548)

RetailFor Sale in TX

Listing ID: Fantastic Healthcare Supply Company (17548) | Broker Listing ID: BLP297546

Financial & Assets Details

Revenues: $644,965

Cash Flow: $286,089

FF&E: $153,500

Inventory: $35,000

Inventory Inc. in Price: Yes

Square Feet: 3,600+/-

About the Business

Year Established: 2006

Employees: 4 nonunion.

Seller Financing: Yes

Business Description

Strong Profit Margins and expensive assets! Operating from its headquarters in Northeast Texas, the company is a long-standing, professional retailer and supplier of high quality medical supplies and equipment. The company’s primary product lines consist of Respiratory Medical Devices, and Assisted Medical Technologies. The company operates from a leased 3,600 square-foot facility. Since 2006, the company has grown exponentially, with the majority of its revenues coming from repeat business. The customer base consists of referrals from large medical clients such as hospitals, long-term care facilities, and rehabilitation providers. They have a proven track record of being able to stay ahead of market trends, new medical technologies, and changing regulations in the types of medical supplies needed to be competitive in the marketplace. With its range of medical supply equipment and products, the marketing efforts focus on targeting referrals from regional clients and medical facilities. The company is capable of providing deliveries utilizing its fleet of up-to-date delivery vans. By delivering products, the Company maintains a strong presence in the oxygen and respiratory supply industry with repeat business through loyalty, referrals, and word of mouth marketing. In 2020, the company’s total revenue was $644,965, with Seller’s Discretionary Earnings of $286,089. Though revenues have been slightly decreasing in the past few years, the ownership in the business easily accounts for this trend due to differing interests in ownership and desires for retirement, assuring that the opportunity for continued growth, increased revenues, and customer acquisition are attainable through minimal investment and renewed interest in the operations of the company.