Business Overview:
The Company believes they are more than just an equipment distributor. They strive to change behaviors. This methodology accounts for their over 80% average CPAP Compliance Rate—the measure of patients who comply with doctor’s orders and follow through with regular use of CPAP treatment, thereby qualifying for the fullest levels of insurance reimbursement—almost twice the national average. The Company’s unique 5-step process is key to successfully helping patients and customers better their lives through the use of oxygen and sleep apnea therapy. The Company is growing aggressively and is extremely profitable.
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Property Features and Assets:
The Company currently has 32 employees, 5 offices, 3 additional regional storage facilities, and a customer base covering all of Washington State and Northern Idaho.
Market Competition and Expansion:
Industry pricing models are fixed by government contracts, the only real differentiating factor is compliance success rates driven by customer retention. The more customers a company acquires AND keeps in compliance (thereby qualifying for the fullest levels of insurance reimbursement), the larger the margins and the more profitable the bottom-line. The Company believes they have the highest retention and compliance rates in their market—perhaps the nation—driven by their unique 5-step customer behavior modification program backed by customer service second to none.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: