DME Medical Supply With Medicare, Medi-Cal License
Location California,United States
Asking Price Range < $250K
Gross Revenues $120000
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2008
Number of Employees 1 - 3
Inventory 3000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training As needed.
Reason for Sale Other business interests.
Description Owner operator medical supply business that is turnkey ready for new management to come in and focus on business development. Current owner has a separate ultrasound facility he would like to focus his complete attention on, and this is the only reason driving the sale of this profitable enterprise. All licenses shall be a condition of escrow, which include crossover 20%, easy choice, modern medical, three rivers provider network, coventry, tech health, total medical solutions, MDCare Healthplan, healthcare solutions, progressive medical, MTI America, corvel, healthsmart, blueshield, multiplan, BOC-Accredication until 2014, RESNA certified for custom wheelchairs. Referring provider network of 10-15 doctor offices included with the sale, and the proper introductions shall be made after change of possession. Top sales drivers include orthopedics - braces, splints, shoes, etc...wheelchairs, walkers, runs the gamut. NDA is required for exact business address and to schedule a call with the Seller to discuss this opportunity in greater detail.
Facilities:
Retail location in Burbank, surrounding businesses include liquor store, doughnut shop, a shopping strip location. 1,000 square feet premises with plenty of storage to ramp up operations for a hungry owner-operator. Lease is fair market at $1,700 per month.
Competition/Market Pros and Cons:
Competition is strong in the medical supply business, however, the scope of licenses that are being acquired here give this turnkey operation a leg up on the competition.
Growth and Expansion Pros and Cons:
Expansion opportunities include additional direct marketing to doctor's offices, the only thing missing here is a larger network of referring clinics and practices.
Support/Training:
As needed.
Reasons for Selling:
Other business interests.
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