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Functional Footwear Company for Sale in Los Angeles, United States

Business with a valid medicare provider license.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity S Corporation
Reported Sales USD 50 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Functional Footwear
Locations  Los Angeles
Local Time 12:59 PM America / Los Angeles
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 29 thousand (Native Currency: USD 28,900)
Reason: To pursue another venture.
Includes physical assets worth USD 1 thousand
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Business Name
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Business Overview

- Business was into providing diabetic shoes and braces to customers.

- Currently, we are not doing any business as the owners have other commitments and hence have not reported any revenue or profits.

- Sourced products like diabetic shoes and braces from 2 vendors.

- We had also tied-up with a few doctors to get customers, we got the shoes or braces customized as per the customer's requirements.

- We have a valid medicare license which will be transferred in this sale.

- Customers for this business are mostly in the older age group or those who have diabetes.

- Business is debt-free and run by 2 owners one holds 80% stake in the company and other holds 20% in the company.

Products & Services Overview

Business was into providing diabetic shoes and braces to customers.

Assets Overview

Office furniture. The medicare license is worth $35K and it is clean.

Facilities Overview

Currently, we have a leased office space.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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