Family Owned (Four Plus Decade) Health Care/ DME Business for Sale

Family Owned-Operated DME Business with Significant Upside Potential

Our family owned and operated full service health care business was founded in 1983. Due to customer demand and marketability, the business evolved intro a specialty-durable medical equipment ("DME") business. At it's peak, the business operated between three locations in the Greater Chicago Area and $1M+ EBITDA. We have a loyal customer base and are proud of our strong reputation in both the market and industry.

Key highlights include:
* Pre-Obama Care insurance contracts (our grandfathered contracts are no longer available to new businesses and offer an increased cash allowance).
* Average product with a 50%+ gross profit margin.
* Consistent revenues in the $700-850,000 range, low overhead and a consistent EBITDA of $100-300,000.
* Fully equipped showroom, sales/ customer service department and warehouse.
* Highly trained and reliable team with advanced industry knowledge, customer-centric approach and general operational skill.
* Proven to be recession proof during three market downturns.

Although our business is a turnkey operation, the business has downsized because of family and health reasons. Sales are sourced from referrals, walk in and communal reputation. There is significant upside available, including but not limited to:

1) Modernized marketing, branding and digital campaigns;
2) Specialty product offerings that have a barrier to entry between e-commerce and general competitors;
3) Demographic focused expansion opportunities;
4) Onboarding omnichannel presence and POS systems;
5) Streamlined inventory and operational efficiencies; and
6) Strong leadership, visionary and managerial oversight.

The business owner and operator is a registered nurse, a past president of the IL State Medical Board and served on the regional medical board. She would gladly stay on as a team member during the transition.

If you have interest in purchasing a turnkey business with strong roots and base building blocks, yet have the desire for growth and modern decision making, our business is a strong candidate for your consideration. It's worth mentioning that health care is a thriving market between post-pandemic investment and equity trends, a significantly growing customer base and a high barrier to entry due to e-commerce (Amazon) challenges.

Please contact me at patrick.k.brady@gmail.com to schedule a time to discuss the business in greater detail.