Company Overview
American HealthCare Capital is pleased to introduce a DME/HME company for sale with multiple locations throughout the US. The company was established over 25 years ago. Most of their locations are on army bases in 6 states, plus they have several Midwest retail locations.
The company has virtually no competitors within the Army bases. Their primary payer is Tricare. Under our current government administration, further growth is anticipated due to potential expansion of Tricare for army on bases.
Financial Overview
The breakdown of revenue by product is as follows: 64% CPAP, 17% Breast and Maternity needs, 11% Mobility Needs, 7% Compression needs, and 3%-5% Home Care needs.
The company’s gross revenue for 2023 was $5,257,336 with EBITDA of $2,550,287. The Revenue for 2024 was $7,042,919 with EBITDA of $1,963,913. Approximately 90% of their highly profitable business is from Tricare with a very small amount of Medicare. If a new owner were to focus on additional payers, and making delivery on bases, their revenue and profit could increase dramatically.
Staff Overview
The company owner, operator, and administrator will stay to advise the company for 6 months after the sale.
Asking Price
The sale payment for the company is $9.5 million, excluding cash, accounts receivable, and inventory which are negotiable.
