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This Business has been Sold!
Business for Sale Summary

Durable Medical Equipment Provider - 28864

Business Type: healthcare related services,misc. service/non-classifiable,other business services,health/medical/dental practices
Sold
Durable Medical Equipment Provider
On , The Undersigned
Acted as the Advisor to the Deal
David McPherson
David McPherson Senior Broker
Servicing: Wake County, NC
Durham County, NC
Orange County, NC
Cumberland County, NC
Alamance County, NC
Guilford County, NC
Mecklenburg County, NC
Horry County, SC
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $695,000 Down Payment $695,000
Gross Revenues $465,000 Lease Remaining Register Free to View
Owner’s Cash Flow $173,500 Number of FT Employees Register Free to View

Financing

$695,000 Down and

Business Description

Live and work at the beach! This is a rare opportunity to acquire a fully accredited and approved medicaid and medicare durable medical equipment provider. Additionally included is all participating private insurer information, plus lists of all active and potentially active patients currently subscribing to their monthly service. Since its founding in 2001, the company has focused primarily on urological items ( intermittent catheters) - a growing market in the U. S. All the clients served are covered under medicaid/medicare or private insurers. Due to the extensive drop shipment methods that have been developed over many years, patients are quickly and easily serviced anywhere in the country - and no inventory is required to be kept on hand. Billing is done through their new state-of-the-art software program. Importantly, the company has utilized only a small fraction of the billing codes granted to them by medicaid and medicare. This means that hundreds of other medical items can be immediately added to the product line giving unlimited growth potential. Lease is assumable and renewable. Full financials are available. Promising candidate for bank financing. Selling due to retirement. Free training offered for up to 90 days. Does it get better then this - make an amazing income, work only 30 hours per week ( a la current owner) and live at the beach! Please contact the broker of this listing at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.