Business/Company Information
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Limited competition for medical device rentals; Great reviews from customers; Strong referral relationship with top Orthopaedic surgeon; Growing business due to demographics as more people desire to stay-at-home through retirement years – increasing demand for at-home medical equipment.
No debt. All inventory owned outright. Margins on the sale of products are slimmer (typically 10-15%) because there is not much of a competitive advantage on that front (buyers can go to Amazon for similar goods); however, we can typically beat Amazon’s prices as we obtain wholesale pricing from suppliers; Margins on rental products are very favorable. For instance, we can purchase a device for $100.00, and within 1 rental period, the cost of device is recouped.
Other medical equipment stores. We are online only. Stores with bricks-and-mortar storefronts attract customers that wish to touch-and-feel products before ordering.
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35,000.00
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