$5 Million Revenue Ohio Based Medical Supply DME Company

State: 

Ohio

Category:

DME & HME

Asking Price:

$1,500,000

Revenue:

$5,000,000

Listing Code:

OHDME1A
Company Overview

American Healthcare Capital is pleased to present a highly respected and profitable Medical Supply company with three locations that strategically surround their Ohio metropolitan city area. They were originally part of a prominent pharmacy that was started in 1936 that continues to maintain a stellar reputation for service in their area. In 2022, they elected to separate the pharmacy from their Medical Supply business, and this opportunity is only for the sale of the Medical Supply business.

Financial Overview

The company has a robust retail trade that represents over 50% of their sales and is Cash only payment-based. They also offer delivery of many key Medical Supply products and participate in many insurance plans. They carry a full line of DME products. The largest part of their sales comes from Incontinence products, Lift Chairs, and Compression products. Many of their referrals emanate from Homecare Agencies and Doctors’ Offices. Their key staff have been with them for over 20 years and will stay on after the company’s sale.

In 2022, they had revenues of $4,300,000 and an EBITDA of $118,109. In the first 6 months of 2023, they had revenues of $2,240,000 and an EBITDA of $118,199. They expect to finish 2023 with over $5 Million in revenues and an EBITDA of over $250,000.

Asking Price

The asking price for this Medical Supply company is $1.5 million. This opportunity does not include the pharmacy.

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