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Medical Supply Dme

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $373500
Net Profit / Cash Flow  $186500
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2001
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  2 weeks at 20 hours per week following close of escrow
Reason for Sale  Other interests
Description  $186,560 Per Year Net Income! This well established medical supply company of 11 years predominantly specialized in respiratory rental products such as CPAP, BIPAP, Oxygen and Nebulizer equipment. Public awareness about Sleep Apnea has made this into a very fast growing sector. Company for the past 6 years has been on ''auto pilot'' because of well trained and long term employees allowing the owner to spend 2 hours in the morning and another hour at the end of the day to achieve consistent sales for the past few years. Many sources of referral and good service have made the company into a very reputable company in the industry. As a result the company has been awarded multiple Competitive Bid Contracts. this establishment is JCAHO accredited and also bonded, has Medicare provider # and also accepts all PPO private insurances. Hours of operation are 9-5 M-F. Rent for the 800 s.f. facility is $1,170 per month. Purchase includes furniture, fixture and equipment of $15,000; including one van. Clean Books and Records. Seller agrees to stock sale for a smooth transfer of licenses. For more information, please contact Brian Rezvany at (818) 342 5222 x338
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