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Business For Sale

DURABLE MEDICAL EQUIPMENT COMPANY

Attn: Milton Schopper
Houston, TX, USA
Listing Number: "6005"
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Asking Price: Not Available
Business for Sale Industry: Wholesale/Distribution: Durable Goods  
Reason for Selling: Retirement and Other Interests.
Year Established: 1996
# of Employees: 8
Yearly Cash Flow: $264,000
Yearly Gross Income: $1,028,000
 

Business for Sale Overview:

This Company, serving the Greater Houston Area, is capable of providing thousands of medical products used by all segments of the consumer market, delivering its products directly to the customer. The Business does not cater to walk-in or retail trade. Medicare reimbursed Clients comprise the largest segment (in dollars) of the business. Unique to the Company is its emphasis on serving Hospice Organizations. This segment of the increasing revenue base is likened to business-to-business as the customer is the single Hospice Provider, not its numerous elder clients. Private pay is a relatively low proportion of the business. The Company’s location is ideal for servicing home or institutional bound Clients (via delivery), but is not conducive to retail or drop-in traffic. Presently, the Company serves customers and clients within the area bounded by Conroe, Brenham, Sealy, League City, Baytown, Beaumont, and Cleveland.


Property Features and Assets:

Strategic location in Northwest Houston with easy access to Houston freeway system. The Company plans to relocate to a nearby facility that has 7,500 square feet total, approximately 2,000 square feet is air conditioned and will be used for administrative offices and storage of nutritional products and oxygen equipment. 5,500 square feet of warehouse will be used for inventory and equipment storage, bed sanitation, and shipping. The move will result in new constructed, upgraded offices and warehouse, improved access to Houston’s freeway system, and lower rent, estimated to be $2,800 per month.


Market Competition and Expansion:

Management believes some of the major factors differentiating it from the competition are: JACHO Accreditation; Location; Emphasis on B2B customer building in its concentration on Hospice Organizations, nursing homes, and institutional accounts; Experienced and well trained staff; Medicare certification; Excellent service commitment to its customers.


Additional Details:

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

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