Durable Medical equipment and lifts

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Business Description

This is two businesses in one package, a full-service Durable
Medical Equipment business, and sister business which specializes in vehicle lifts. They are located in Connecticut.

Around for over 40 years, they have developed a reputation and need not rely on Medicare or Medicaid. Most of their business is with private insurers who they network with.

They specialize in the sale, rental and service of medical equipment and supplies for the home. Patients receive personal and private attention from their qualified staff of medical personnel. For patient convenience, members of the staff speak Portuguese and Spanish.

Regardless of the uncertainty as to the administration of health care, we know the demographics indicate that the segment of the population in need of home health care equipment is increasing and ultimately it will be provided. However, this company relies upon primarily private pay primarily.

Numbers are up considerably as they have contracted to do billing for another company.

About the Business

Location:
Connecticut
Year Established:
1977
Number of Employees:
9
Real Estate:
Leased
Building Sq. Ft.:
3,400
Rent:
$5,500.00 Per Month
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About the Sale

Reason For Selling:
retirement

Listing Info

ID:
1666976
Ad Detail Views:
233
Asking Price:
$1,100,000

Gross Revenue:
$3,497,422
Cash Flow:
$427,480
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$60,000
not included in asking price

FF&E:
$50,000
included in asking price

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Business Listed by

William Augustine

Atlas-way Group

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