Highly Profitable Durable Medical Equipment (DME) Business

New Jersey

Seller Financing Available

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Asking Price:$535,000
Gross Revenue:$470,227
FF&E:$40,000
Cash Flow:$170,406
Rent:$550/Month
Established Year:2020
BUSINESS DESCRIPTION

This highly profitable Durable Medical Equipment (DME) business is a fast-growing orthotics, durable medical equipment, and surgical supplies provider located in the NY City Metro area. They are leaders in home delivery of medical equipment and disposable medical products serving the aging population.

This business works with 40 nursing homes and 2 hospital systems. They currently hold contracts with 6 main insurance providers and have the necessary licenses in place with Medicare (PTAN Number) which are in good standing. Currently, they are servicing roughly 200 patients per month and growing. This business has very low fixed costs which mainly include rent, software, and a staff of 3 people. There are expansion opportunities to scale the business to include more insurance contracts and also provide custom orthotics.

The firm's main product lines are categorized as Braces & Orthotics, Pain Relief Devices, Diabetic Care, Urologicals, Lymphedema & DVT, Wheelchairs, Hospital Beds, Mattresses/Support surfaces, Patient Transfer Systems, and Bone stimulators.


DETAILED INFORMATION
Location
New Jersey
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
500
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller Training Time Period: Negotiable, a smooth transition is desired
Reason for Selling
Owner Relocation
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Ryan
Fischer
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Ryan Fischer