Superior Broward Medical Equipment & Supply Co.

Broward County, FL

Seller Financing Available

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Asking Price:$250,000
Gross Revenue:$508,492
FF&E:$44,675
Cash Flow:$144,558
Inventory:$30,000
Established Year:2020
BUSINESS DESCRIPTION

This successful DME company based in SE Florida has been operating since January of 2020. The company’s products and services include bathroom safety, mobility, shower chairs and benches, compression stockings, CPAP machines, and other DME products. Their license allows them to service the entire state of Florida and sell any DME products. The company is accredited by AHCA, and their license was renewed in 2023.

Despite the owner's personal family obligations, which necessitate the sale of the store, the company is primed for a smooth transition to new ownership. The business has been meticulously designed to run autonomously, with the owner choosing to remain actively involved due to a deep passion for the work.

Furthermore, this opportunity comes with the potential to elevate the business to the next level. The company is licensed and accredited by the Agency for Health Care Administration (AHCA). There are untapped possibilities for additional accreditation, specifically to accept Medicare and Medicaid. This accreditation is frequently requested by many customers, presenting a significant growth avenue for the business. With the potential to tap into these government healthcare programs, the new owner can further expand the reach and impact of the company, catering to an even broader customer base and solidifying its position as a trusted healthcare provider in the community.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,252
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The company occupies 1,252 square feet of leased space in a very desirable retail space for $5,000 per month. The current lease expires in December 2025. An additional 5 year extension is available. The seller and the broker will work to help the buyer get approved by the landlord. Good tenant credit is required.
Competition
The healthcare, especially the portion of Services es catering to the elderly population are exploding exponentially in Florida. While there may be other DME companies, you will be hard-pressed to find one that has such quality of service and great following like this one. This company is very profitable, although it does not accept Medicaid and Medicaid. The buyer can work towards accepting those insurances - thus increasing the profitability of the business manifold.
Growth & Expansion
The potential for growth of this already successful Durable Medical Equipment (DME) company in South Florida is promising due to several factors that can drive expansion and profitability.
Financing
$200K down/$50K over 36 mos. @ 4%.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
Family is relocating.
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Anton
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Anton Joro