American Healthcare Capital is pleased to introduce a 26 year old, ACHC accredited, highly successful DME company based in Washington State, with an additional location in Oregon. Their service area covers a large part of the North West, including Idaho and Western Montana. The company has skillfully focused on the distribution of incontinence supplies, which represents over 80% of their product mix and revenues. Approximately 95% of their sales are “Drop Ship” deliveries. This has heightened profits and has greatly eliminated costly overhead. Virtually all of their deliveries are to Assisted Living facilities and Group Homes.
The company’s payer mix is predominantly Medicaid insurance plans and private pay. Due to their exceptional service and customer loyalty, they have consistently serviced over 2,500 patient/customers and are on track to realize strong growth within the Incontinence market. In 2018, the company generated $3,740,766 in revenue with an adjusted EBITDA of $306,023 (8.18%). In 2019, they are projected to generate $3.8 million in revenue with an adjusted EBITDA of $342,000 (9%).
The staff is expected to stay on under new ownership. The asking price for this opportunity is $1.5 million + inventory, which is currently valued between $50,000 – $75,000.
