DME Medical Supplies Business for Sale in NJ - 35736 Business Type: health/beauty/nutrition supply,healthcare related services,medical/surgical/hospital equipment & supplies,owner financing available,durable medical equipment
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $1,700,000 | Down Payment | $1,300,000 |
Gross Revenues | $1,312,916 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $562,000 | Number of FT Employees | Register Free to View |
Financing
$1,300,000 Down and $400k over three years @ 5%
Business Description
Long Established (22 years) Medicare and Medicaid approved vendor of Durable Medical Supplies (DME) business. Corner location on high traffic location.
Approved for a broad supply of DME products including mobility (wheelchairs, rollators, walkers, etc.), glucose supplies, mastectomy, compression garments, wound care, canes, crutches, hospital beds, Hoyer lifts, off the shelf bracing, etc.
Offers basically everything Medicare allows except for bracing and O2 which owners supplies through Medicaid.
150 patients using incontinent supplies. Licensed in all New Jersey counties. Drop ships through major online retailers.
Medicare accreditation and contracts from Medicaid and Blue Cross/Shield. HMOs like Horizon, NJ Health Medicaid, Aetna Better Health Medicaid, WellCare Medicaid.
Also, private pay clients. Other providers without these HMOs
bill through this seller for a fee (Integra model). Insurance
panel approvals are very difficult to get. Consistent referrals
from adult days cares (4-5), assisted living facilities, rehabilitation
facilities, orthopedists, podiatrists & other doctor offices. Opportunity
to scale the business. There is little active marketing by
husband-and-wife owners. The website is one page with
no click through pages. Opportunity for a new active owner
operator to offer all supplies that the company is licensed
to sell and open new accounts. 9 DME items out on monthly
rental for regular recurring revenue.- can be expanded.
Second office location can be closed and add at least $40k to bottom
line in rent and other overhead savings.
Proof of funds and DME is required
for the name and location and a call or meeting with
the owner. No financials until due diligence. No bank financing.
Contact broker Joseph Stansky at 631-383-3109 for more details. Will not last.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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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.
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