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Business for Sale Summary

DME-Orthotics/Prosthetics Business for sale -NY - 34235

Business Type: equipment rental and sales ,health/medical/dental practices,healthcare related services,other personal services,durable medical equipment
DME-Orthotics/Prosthetics Business for sale -NY
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This business has received 13 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $450,000 Down Payment $300,000
Gross Revenues $1,300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $300,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and $150k over 2 years @ 5%.

Business Description

Clean DME (Durable Medical Equipment) company for sale. Company holds Medicare and Medicaid licenses and with the following insurances: GHI, United Healthcare, Aetna, Oxford, and Elder Care. Primary products sold were Custom Prosthetics and Orthotics. In existence since 2017. Only active in 2019. Company was originally purchased for its United Healthcare contract and sellers intended to bill other providers work through their other DME company. They no longer need this company as they have a larger DME company with all contracts. New buyer will have a clean company with no audits or issues and can restart Mastectomy Orthotics, Prosthetics and any other DME products using the accreditations and contracts the company holds. Must be stock sale. Company netted $300k in 2019 on sales of $1,300,000 submitted through their other DME company. Not active in 2020 and 2021, Seller is considering signing a lease for the company in Staten Island or Brooklyn to reactivate the company, but the buyer can have the flexibility to move, combine or open the business elsewhere. There is no current physical location for the DME company. The numbers in the business profile REFLECT 2019. THERE ARE NO CURRENT SALES. Proof of funds and prior DME experience required for a call or meeting with the owner. The owner is willing to provide some seller financing to the right qualified buyer. 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.