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Illinois Metro St. Louis

  • Listing Number: 205-21726

    Category: Lease, Professional Services, Retail

Asking Price $500,000
Down Payment $400,000
Gross Revenue $386,000
Total Adjusted Net Income $197,500
Equipment / Fixtures $102,080
Year Established 2020
General Location Illinois Metro St. Louis
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Seller has three startups and she needs to sell one fast to focus on the remaining two! Durable Medical Equipment (DME) provider located in the Illinois side of metro St. Louis. Projected revenue growth of 50% 2022 vs. 2021. Ideal location close to hospitals and doctor offices. Only independent Medicaid/Medicare provider in the area. Medicaid/Medicare licensed in 19 additional states. Comes with laboratory license and covid testing machines. Also licensed to deliver vaccinations and immunizations. Company is licensed to participate in government contracts.

Gross Revenue
$386,000
Listed Price
$500,000
Total Income
$197,500
Down Payment
$400,000
Base Rent
$1,625
Square Feet
1300
Total Rent
$2,072
Lease Expiration
08/2023
Rent Deposit
$4,036
Lease Options
3 / 1 Years
Inventory
Not Included
Equipment / Fixtures
$102,080
Full-Time Employees
1
Training Period
4 Weeks
Part-Time Employees
1
Special License Required
Home Health Medical Equipment and Services license(DME); lab license
Contract Staff
5
Reason for Selling
Owner would like to focus her efforts on two other startups she owns.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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