1. Home
  2. Businesses for Sale
  3. New York
  4. Health/medical/dental Practices
This Business has been Sold!
Closing Date: 07/24/2024
Business for Sale Summary

Orthotics & Prosthetics Business for Sale NY - 20880

Business Type: durable medical equipment,healthcare related services,misc. service/non-classifiable,professional services,owner financing available,health/medical/dental practices
Sold
Orthotics & Prosthetics Business for Sale NY
On July 24th 2024, The Undersigned
Acted as the Advisor to the Deal
Joseph Stansky Esq
Joseph Stansky Esq Senior Broker
Servicing: Nassau County, NY
All of NJ
All of CT
All of PA
All of MD
All of NC
All of SC
All of MA
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $1,000,000 Down Payment $750,000
Gross Revenues $3,068,741 Lease Remaining Register Free to View
Owner’s Cash Flow $572,345 Number of FT Employees Register Free to View

Financing

$750,000 Down and Seller financing for the balance over 3 years at 5% to a qualified buyer.

Business Description

A Medicare approved vendor for DME and O and P (Orthotics and Prosthetics). Orthotist license allows owner to construct and apply more complicated and higher reimbursement items. Off the shelf knee and back braces. Shoes are ordered for Diabetic patients. Owner chooses to not supply common DME items like wheelchairs, beds canes and crutches, etc. but has license and insurances to provide full array of DME items Limited DME product offerings and limited online presence Labs Manufacture prosthetics and orthotics. Accredited with all HMOs for shoes, DME and orthotics .Opportunity for mastectomy, Hoyer lifts, scooters and other hospitals. Patients entitled to new orthotics every year. Owner sees patients 3 days a week. Two major hospital relationships and works with many surgeons, orthotists, & orthopedic groups. Medicaid 30%, Medicare 30% and private pay is 40%. Company .Referrals by doctors. No salesmen, marketing or web site. No one locally competes with him. 95% of revenue is currently from O and P practice- rest DME. New buyer can change percentages. Perfect for Orthotist or other medical professional. Contact broker Joseph Stansky for more details. Proof funds and related background required for more information and meeting with the owner.. Please call 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.