American HealthCare Capital is pleased to introduce a DME company for sale in Southern California. The company specializes in sleep and noninvasive ventilation products. They are strategically located in an upscale neighborhood, and they are the only brick and mortar respiratory DME in the area. Their service area includes Los Angeles, Orange, and parts of Ventura Counties.
The company’s contracts include Medicare, Medi-Cal (Medicaid) as a secondary insurance, and Cal Optima. Their current payer mix is 40% Medicare, 31% Cash/Self-Pay, 16% Indemnity Insurance, and 13% Hospice/SNF. Revenues have been steady over the past few years in the $600,000 range, ending at $632,308 in 2019. Their Trailing Twelve Month (TTM) financials from September 2019 to August 2020 show gross revenues in excess of $600,000 with a net profit over $90,000.
There is staff available to stay on under new ownership. The seller would like to retire but will stay on for a short transitional period as needed.
The asking price for this opportunity is $400,000.
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.