Leading Provider of Advanced Prosthetic and Orthotic Solutions

This business is a leading provider of advanced prosthetic and orthotic solutions, known for combining cutting-edge technology with personalized patient care. It specializes in designing, fabricating and fitting custom prosthetics and orthotics tailored to patients’ specific needs and goals. The team includes certified professionals, such as a Certifie Orthotist/Pedorthist and a Certified Mastectomy Fitter, emphasizing expertise, compassion and quality. With over 30 years in the industry and a focus on innovation, the business is an attractive acquisition opportunity as the owner plans to retire.

Accounts Receivable Included: Yes

FFE Included: Yes

Inventory Included: Yes

Year Established: 1999

Year of last Acquisition: NA

Days & Hours of Operation: M-F regular

Owner Hours Per Week: FT

Employees: 4

Lease Option: 5+5

Type of Location: Leased

Facilities Information:

Leased premises

Reason For Sale:

Retirement

Training & Support:

Will be provided

Historical Summary:

FYE 2024 $ 1,512,782
FYE 2023 $ 1,316,017
FYE 2022 $ 1,179,006
FYE 2021 $ 1,019,356

Competition:

This Company holds an 80% market share within its market significantly outperforming its competitors. The high barriers to entry, including the need for certified professionals, further protect its market position, ensuring continued dominance and limiting new competition. Positioned in a growth phase, this company is well poised to capitalize on increased industry funding and growing demand driven by an aging population.

Potential Growth:

Canada’s prosthetics and orthotics market is part of the larger medical instrument and supply manufacturing industry, which has been experiencing steady growth. The demand for prosthetics
and orthotics is driven by an aging population, rising incidences of diabetes and vascular diseases and technological advancements in materials and design that improve the functionality and comfort of these devices.