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Medical Services & Supply Business............................................................$680,000 plus inventory

Location: Chicago, Illinois
Sale includes: The entire business entity, all equipment & all fixtures

SOLDThis company is in a rapid growth phase. The current owner started this business 9 years ago. The current owner is operating as an absentee owner. There currently are two sources of revenue. The primary revenue source is providing a very crucial service to nursing homes or hospitals etc... This business has tremendous potential and room for growth as the market is barely tapped in a variety of areas. The current owners have never had marketing or advertising program to seek out new clients as they also have other successful business ventures. Most of his clients are from referrals or word of mouth. There are hundreds of potential new clients in the Chicago metro area alone and that does  not even include expanding down state or  in the far Chicago  suburbs. The owner states that the service fees could easily be marked up even higher if they get into the type of clients he intends on pursuing in 2007. Providing this service for private residences is another huge area of potential growth. In addition to increasing the number of clients and marketing to new client sources, a new owner/operator could also expand into other states. The growth potential is endless. This is a perfect nitch-market with the population aging and needing these services. As if that were not enough, renting out medical equipment to patients is the other source of the revenue for this business. This is another area that has a lot of room for growth due to the lack of marketing and the current owner’s busy schedule.

Asking Price: $680,000.00
Projected Cash Flow (conservative projection): $ 275,000.00
Gross Annual Sales (Projected): $ 900,000.00
Value of furniture, fixtures & equipment (approximately): $14,150.00 (Included in asking price)
Value of inventory (approximately): $2,000.00 (Not included in asking price)
Building, Lease details (approximately): N/A
Seller Financing: Some seller financing may be available to qualified buyers
Contact: Dennis , American Business Acquisitions, Inc. 312-360-1955

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