|
Absentee Durable Medical Equipment & Sleep Lab
Location Texas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1739224
Net Profit / Cash Flow $383993
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2008
Number of Employees 20 - 34
Inventory 540000
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Leased
Training The seller will train a new buyer as needed.
Reason for Sale The seller is involved in many other businesses and would like to simplify his life, as he lives in a different city.
Description This growing durable medical equipment and sleep lab business is in a field that is growing quickly, as sales were up approximately 25% in 2012. Seller's discretionary earnings for 2012 were $383,993. There are also considerable assets included in the sale. These are $290,000 in equipment/inventory and $250,000 in accounts receivable for a total of $540,000. The seller runs this business absentee from a different city and has a very capable staff in place. There are some exciting future possibilities involved with this company.
While there are other competitors in this field, no one in the central Texas area services patients the way this company does. Their methodology provides better and more reliable data for the doctors that use this information. Since this field continues to grow each year, sales for this company continue to grow as well. The medical equipment business is a natural add-on to the testing business.
The current seller has taken the business to the point where a new buyer could expand this to the other major cities in Texas or potentially to other cities around the country. There is only a reasonable investment needed for each city. Other strategies for growth include better market penetration in the existing cities. This could be accomplished simply by hiring more salespeople, who work for a small base and commission or just on commission. Primary care and specialty physicians are the primary focus for the existing salespeople, so there is considerable room for growth.
Click Here To Contact Seller
|
|
