Business Broker.Net | Connecting Business Buyers and Sellers

Asking Price:	$1,625,000 USD USA Dollars
Business for Sale Industry:	Services: Medical, Dental, Assisted Living
Reason for Selling:	To expedite growth opportunities.
# of Employees:	10
Yearly Revenues:	$1,475,000

Business for Sale Overview:

Accredited durable medical equipment (DME) company specializing in complex/custom rehab (power wheelchairs, scooters, etc.) and home medical equipment (HME) is available for sale. Company has four facilities located on the Mid-Atlantic Seaboard. The company’s principals have an excellent regional reputation with hospitals, nursing homes, doctors, PT’s, case workers, and other medical entities and professionals developed over a 25-year period. Financially sound with strong vendor relationships, the company is experiencing rapid growth as it serves an expanding referral base. Competitive advantages include knowledge, experience, and integrity at key organizational positions and desirable strategic location. Interested investors will have the opportunity to participate in exciting growth opportunities. Current ownership will consider either a stock sale or an asset sale, and is flexible as to selling all or part of the business.

Property Features and Assets:

Three of the four locations handle sales, patient care, showroom, and warehousing functions; the fourth location handles patient care only. Headquarters location personnel perform intake, processing, billing, collections, and accounts payable functions, as well as credentialing, compliance, and other executive and administrative tasks. All branch location properties are rented. Company assets include accounts receivable; significant complex/custom rehab (mobility and seating) work-in-progress; an extensive fleet of medical equipment assets in the field currently rented to HME patients; medical equipment inventory at branch locations; office furniture, fixtures, and equipment, including computers; company vehicles; and goodwill.

Market Competition and Expansion:

The company’s principals and management team have a long-standing, outstanding reputation for patient care over a multi-state area, and its referral base, financial strength, and vendor relationships provide a competitive advantage over other complex rehab and HME businesses. While focusing on its core complex rehab and HME businesses has been a priority, the company’s loyal and expanding referral sources provide an ideal situation for both product diversification (including adding a respiratory/oxygen component) and geographical expansion into underserved communities, untouched so far by competitive bidding. Strategically, because of its close industry relationships, the company is also well positioned to increase its market share and revenue generation and take advantage of further synergies and economies of scale.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.