American HealthCare Capital is pleased to introduce a DME/HME company for sale in the Los Angeles, California area. The company has been in business for nearly 20 years and they are Joint Commission accredited. They provide the full range of DME and HME products, serving Los Angeles, Orange, and Riverside Counties.
The company’s payer mix is 65% Retail/Private Pay, 10% Hospice, 10% Medicare, and 5% Commercial Insurance. Gross revenues have been in the $700,000 range over the past few years and are on track to reach $730,000 in 2017 with an adjusted EBITDA in the $110,000 range. The sellers are out of state owners that feel both top and bottom line revenue could be improved immediately with a local owner/operator.
The staff is expected to stay on, but the sellers would like to focus on other business ventures. The asking price for this opportunity is $450,000.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.