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Orthotics & Prosthetics Company located in Chicago Metropolitan Area

For Sale in IL

Listing ID: ILOP1C | Broker Listing ID:

Financial & Assets Details

$1,500,000

About the Business

Business Description

All Buyers - Individual(s) or Corporation(s)
Must Provide Resume(s), Proof of Net-Worth, and/or Revenues, Proof of Funds to make the Purchase, and Purchase Plan.
All Buyers are Introduced to the Seller based on the Buyer submission of Information. Approval Granted by the Seller, to the Buyer to Review the Offering Book in Detail.
It is expressed that American Healthcare Capital Does NOT Advise Sellers or Buyers to engage another party with no experience in the Healthcare Industry and/or other industry; and rejects potential sellers or buyers based on lack of industry knowledge a factor in qualification of any seller and/or buyer engagement.
QUALIFIES FOR SBA FINANCING INQUIRE

Growth & Expansion

The company’s payer mix consists of Medicare, Medicaid and Private Insurance, as well as direct business with area hospitals. They have experienced consistent growth. Revenues were between $1.2 Million and $1.3 Million in 2015 and 2016. Revenues for the Twelve Months Ended May 2017 were in excess of $1.5 Million. In addition, growth could be achieved with stronger marketing efforts and by expanding into nearby local areas.

Market Competition:

I am pleased to introduce a very profitable, multi-location orthotics and prosthetics company based in the Chicago Metropolitan area. The company was founded by its owner in 1998 and has an outstanding reputation for individualized patient care and providing the most advanced technological products. This well regarded company provides customized, complex orthotic and prosthetic patient care. The product mix is 60% orthotics and 40% prosthetics.

Location Details:

Chicago Metropolitan Area

Support & Training

The clinical and administrative staff is expected to stay on under new ownership. The owner would like to work with a new owner that has the infrastructure to continue the high growth rate.

Listing ID: ILOP1C

Contact Broker

American Healthcare Capital ahcteam.com Listings: 103(310) 437-4422 View My Listings

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