Medical Supplies for Women

This business serves women of the Veterans Health Administration. The VA provides care to 1,321 facilities, including 172 VA Medical Centers. The Seller conducts business daily with approximately 112 of those centers. The business is in excellent financial shape with zero debt and no A/R since they receive their money before shipping products. The owner has distanced herself and has worked remotely with limited hours and still the business has enjoyed continued growth. There are also substantial opportunities to offer new products but in order to go to the next level it would take moving into a new facility. Due to the long-time presence in the System for Award Management, the Seller is able to bid on any appropriate offerings. A new Owner has the ability to relocate this thriving business to the City or State of their choosing or lease/buy the current house of 1689 SF being used as a warehouse facility and shipping office. Strong financials recorded on the tax returns. Woman owned.

Down Payment: $320,000

Total Sales: $1,596,531

Cash Flow: $560,175

EBITDA: $268,546

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $10,000

FFE Included: Yes

Inventory: $100,000

Inventory Included: Yes

Year Established: 1993

Days & Hours of Operation: 8-6 Monday through Friday Closed Saturday and Sunday

Owner Hours Per Week: 20

Managers: 1

Real Estate: $350,000

Real Estate Included: No

Franchise: No

Reason For Sale:

Ask Seller

Training & Support:

Will train for 2 weeks, no cost.

Financing/Terms:

SBA Lending with the loan amount of $2,870,000 amortized over 10 years at Wall Street Journal Prime Rate plus 2.25% (current Effective Rate of 10.75% equals a monthly P & I payment of $39,129. No pre-payment penalty, however a 21-day advanced notice would be required of the intention to pay off the loan.