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.
Asking Price: $1,100,000 Gross Revenue: $3,497,422Cash Flow: $427,480 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $60,000 not included in asking priceFF&E: $50,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.