American Healthcare Capital is pleased to introduce a 30 year old, highly profitable DME company for sale in Minnesota. The company has skillfully specialized in “Non Medicare Bid” products, including Incontinence and Urological supplies, as well as Nutritional and Nursing Supplies. The company’s ongoing success has been built through a substantial cash and carry position and a growing e-commerce market.
The company’s payer mix is composed of Medicaid, Discretionary Medicare, Cash and Carry, and virtually every HMO w/in the state of Minnesota. Gross revenues in 2017 were $989,738 with an adjusted EBITDA of $462,128. In 2018, the company is on track to exceed $1.1 Million in gross revenue with a similar EBITDA margin. Due to their exceptional customer loyalty, strategic location and exemplary service record, there is ample opportunity for substantial additional growth.
The staff is expected to stay on under new ownership. The seller would like to focus on other business ventures and will assist during the transitional period as needed. The asking price for this opportunity is $1 Million, plus the cost of inventory.
