Owner Financing is Available!
Business Overview:
This is a Durable Medical Equipment and Home Medical Equipment and Supplies business with a high percentage of retail sales which is the direction of the industry in the future. This high retail focus buffers this business from negative Medicare, Competitive Bid and Healthcare issues. A strong established referral base includes Doctors, Hospitals, Home Health Agencies, Pharmacies, Nurses, etc. has been earned by this business. The staff will stay.
Only 19.5% of business is from Medicare, Medicaid and Private Insurers. 75 to 80% of business revenue is generated through repeat retail customers purchasing physical necessities, comfort and lifestyle items. Business currently does not handle Oxygen.
This is a very solid business in today's Medical Equipment and Supply environment. It is unique in location, retail presentation and market niche. This is a possible acquisition target with solid growth potential. Van included. Taxes and YTD Financials are available for qualified buyers.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business is located off a major thoroughfare in a busy shopping center. Location is highly visible, shows very well and is easily accessed with plenty of parking. Van is included with the sale.
Owner will provide two weeks training at no cost to the buyer and will be available as needed for consultation and advice after the transition period.
Market Competition and Expansion:
Competition is evident because the market is huge and growing. An aging population will continue to contribute to the market growth. Risk is low because established businesses have established patient referral sources. This business has been in place for over ten years and has an established referral base as noted above. Competition's profits are slightly down due to more third-party "paperwork" requirements. Marketability for this type of business is high. Many large companies are growing by acquisition of solid DME/HME business platforms.
This business is scalable and is poised for growth. Growth and expansion may be obtained through addition of products and services through the use of their existing referral, service and product distribution platform as well as through similar business acquisitions and/or setting up additional retail locations. This may be the DME/HME business platform of the future.
Reason for Selling:
Retirement and other interests.
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: