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Business for Sale

DME Medical Equipment
Morris County, NJ

Listing #24492

   
Financial Information (non-confidential)
Asking Price $300,000.00 Gross Revenues $405,000.00
Down Payment $200,000.00 Owner’s Cash Flow $107,648.00

Financing: $200,000.00 Down and $100,000 over 3 years @5%

Reason for Selling:Owners are absentee-work full time in other jobs.

Established and accredited DME/HME and O &P(Durable and Home Medical Equipment and Orthotic and Prothetic) Medical Equipment Serves 6 Northern New Jersey Counties In network w/Medicare and most Major insurance plans including Cigna, Horizon,BC/BS, Aetna, Healthfirst, TriCare,Wellcare and many others. 25% private pay, 50% medicare and 25% insurance.This is a turn key operation with O & P Accreditation in place by Medicare. Includes two vans. 2 managers cover for absentee owners. Company provides hospital beds, manual/power wheelchairs, commodes, scooters, oxygen, incontinence supplies, mail order supplies, support surfaces, nutritional support, orthopedics and prothetics, and stair lifts etc. with most equipment in field rented to patients.Nice web site. NO SEO. Currently run semi absentee. Valuable insurance contracts and clients for existing DME Company to acquire. Equipment utilization rate is only 60%. Opportunity for full time owner operator. Contact broker Joseph Stansky for more details. Proof of funds is required,
Joseph Stansky Esq
Senior Business Broker
631-383-3109
jstansky@vestedbb.com
Servicing Area:
Nassau County, NY
All of NJ
All of CT
All of PA
All of MD
All of NC
All of SC
All of MA
Joseph Stansky Esq

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