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DME & Medical Supply Business
Location: United States -> Connecticut
Industry: Health and Medical > Pharmacy




Business Summary

Dominant 50-year-old Ct supplier of DME/Ambulatory, bariatric, bath, daily living aids, wound supplies, respiratory, diabetic supplies, incontinence, pain management, mastectomy, mobility, braces, c-paps, scooters and much more. Fully Medicare accredited, Medicaid and four major insurances. $ 324,000 of inventory out as rentals. Huge warehouse. Licensed respiratory therapist and repair techs on staff. 24/7 emergency service. Institutional (assisted living, hospital, hospice, social workers, etc.) and loyal consumer following Five managers will stay with business and owner will give up to a year of training and transition. Proprietary software interfaces with Medicare/Medicaid etc. Five vans and a box truck. Nearest competition is 35 miles away. Considered semi-rural. As of June 1st- Medicare authorized Rural relief DME price increases of 30% to 111% in a dozen major DME items. No marketing and no web site. Owner will keep his accounts receivables.

Property is owned by the seller and is offered to the buyer for lease or purchase.Two locations. IMPORTANT MEDICARE NEWS: CMS has just announced that it is ending competitive bidding Jan 2019. Huge opportunity for this company and new owner to expand the range of products offered. All Medicare providers can now service all areas whether they received the bid or not. Also, they are extending the 50/50 blend in all rural areas. Previously this company stayed out of comp.bidding.Proof of funds and a strong background in the DME industry is required for more information including the name of this company. Contact broker Joseph Stansky for more details.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,810,557
Cash Flow:   $587,480
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  yes
Reason For Selling:  Other

Photos

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DME & Medical Supply Business Photo 1 DME & Medical Supply Business Photo 2 DME & Medical Supply Business Photo 3




Print Listing Id: 700322576
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Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

Also See: Franchise Opportunities > Franchise Resales > Connecticut Businesses For Sale > Connecticut Franchises For Sale > Connecticut Business Brokers



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