Full Service DME Sales & Rentals Respiratory 2 locations Steuben Co NY

Asking Price$1,100,000

Cash Flow
$396,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,532,000

Inventory$100,000
Not included in asking price
FF&E$80,000
Included in asking price
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Full Service DME Sales & Rentals Respiratory 2 locations Steuben Co NY


Asking Price$1,100,000

Cash Flow
$396,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,532,000

Inventory$100,000
Not included in asking price
FF&E$80,000
Included in asking price
Business Description
This well-established Durable Medical Equipment Company (DME) with 2 locations servicing the Southern Tier Area of the state of New York since 1996. The company is a Full-Service Medical Equipment provider (Sales & Rentals) offering a wide range of durable medical products and services, including hospital beds, wheelchairs, lift chairs, incontinence, and oxygen and respiratory supplies such as CPAP/BiPAP machines and much more! Services include Respiratory Therapist on staff, Delivery and set up of Home Health Care Products, Certified installers of Stairs and Elevators. There is a respiratory therapist on staff and a Certified BOC orthotics, mastectomy, and lymphoedema compression fitter on staff. They average 35-40 CPAP/BIPAP setups per month with ResMed machines and service 400 patients a month with supplies.
Oxygen rentals consist of concentrators and tanks; they do not service the portable concentrators. The company currently installs 1 -2 elevators per year and 5 stairlifts per year on the average. They use Savaria and Handicare for elevators and stairlifts. They have yearly contracts with different agencies to service their resident’s durable medical equipment on a monthly basics. Ex. wheelchairs, hospital beds, walkers, patient lifts, ceiling track lifts etc.
Also contracted with CareFirst for rental medical equipment. Hospital beds, wheelchairs, patient lifts, walkers, over bed tables, app, oxygen, etc.
Currently, the breakdown for company sales includes Respiratory Services 60%, Durable Medical Equipment 25%, Orthotics/Compression/Mastectomy/Other 10%, Elevators/Platform Lifts/ Stairlifts 5%.
The top Six Insurance Companies contracted with: Medicare, NY Medicaid, BCBS, Atena, United Healthcare, Fidelis. There are many more.
The Company is fully accredited by ACHC. The company sales have been increasing year after year and currently services over 500 patients per month consistently between both locations.
About the Business
Years in Operation
29
Number of Employees
13
Facilities & Assets
2 Free Standing Building locations
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,000
Rent
$3,000.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will train as needed
Listing Info
ID
2410923
Listing Views
26

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Business Listed by: Jim King King & King Business Advisors

Listing ID: 2410923 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 of Use. Learn how to avoid scams.