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Business for Sale Summary

DME Supply Business for sale in Queens - 33086

Business Type: durable medical equipment,equipment rental and sales ,health/medical/dental practices,seller financing available,durable medical equipment wholesale
Owner Financing
DME Supply Business for sale in Queens
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Financial Information (non-confidential)

General Information
Asking Price $790,000 Down Payment $550,000
Gross Revenues $1,300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $250,000 Number of FT Employees Register Free to View

Financing

$550,000 Down and $240,000 over 3 yrs @5%

Business Description

DME (Durable Medical Equipment) seller currently accredited with Medicare(took 1 year), Integra ( took 2 years) and Medicaid (just received- took 9 months) in addition to substantial workmens comp and no fault. Can bill every health insurance. $100,000 of In store inventory and equipment out on rental with patients. CPM Machines for knees and shoulders Post-surgical equipment, braces, walkers, cervical traction, compression, tens units, nebulizers, rollators, wound care, etc. Can do respiratory, wheelchairs, scooters, hospital beds but he has no room currently to store and repair inventory. Seller will keep his Accounts receivable and no-fault arbitration cases/revenues. Just received Medicaid accreditation so business can greatly expand its approved inventory and sales. No web site. Single owner can do more marketing by visiting surgical centers, clinics and doctors. Has contractors that deliver, repair and pick up equipment. Prior DME background is strongly recommended. Contact broker Joseph Stansky for more details.

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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.