American HealthCare Capital is pleased to introduce a DME company for sale in South Florida. The company has been in business for 25 years providing the following products and services: Ambulatory Aids, CPAP, Nebulizers, Bathroom Aids, Ostomy, Oxygen, Beds, and Suction & Trach. They service the Tri-State area, including the counties of Palm Beach, Broward, and Dade.
The company’s payer mix is 97% private insurance, 2% Medicaid, and 1% Medicare. Gross revenues have been steady at around $470,000 with an adjusted EBITDA of $60,000, and they are expected to be the same in 2016. On average, they have around 8,000 to 10,000 active clients. The majority of referrals come directly from hospitals, patients, and doctor’s offices. They are also contracted with the insurance companies to provide specific items. Growth could be achieved by hiring a sales and marketing team to reach out to the local Skilled Nursing Facilities and hospitals since they currently have no sales or marketing staff, and they also see opportunity in going after diabetic business.
The seller is an absentee owner that would like to focus on other business ventures, but the rest of the staff is available to stay on. The asking price for this opportunity is $250,000.
