Company Overview
American Healthcare is pleased to exclusively present an established Durable Medical Equipment (DME) / Home Medical Equipment (HME) provider for sale in Southern Illinois. Operating in a rural market with minimal competition, the company has been a trusted source of medical equipment and supplies for 35 years, with the current owner managing operations for the past 15 years.
This business holds HQAA accreditation and benefits from Medicare rural reimbursement advantages, allowing for higher reimbursement rates than urban providers. The company accepts Medicare, Medicaid, and most commercial insurance plans, ensuring steady revenue from multiple payer sources.
This business benefits from a monopoly-like position in its market, with no direct competitors within a 25-mile radius, allowing this business to dominate the local market without significant competition. This exclusivity ensures a steady flow of customers and referral sources, making it a prime acquisition opportunity.
The company offers a diverse range of essential medical equipment, including Oxygen, CPAP, walkers, and wheelchairs. Hospital beds were previously offered but were discontinued due to unfavorable reimbursement rates, allowing the company to focus on higher-margin products.
Financial Overview
Revenue is supported by a stable and recurring customer base, including 13 ambulance services, which provide consistent and predictable income. Additionally, the business has built a loyal client base over the years, servicing local residents and establishing long-term partnerships with healthcare providers and emergency services.
Financially, the company has shown stable performance, averaging more than $440,000 in annual revenue over the past three years. While profitability has fluctuated due to expenses and reimbursement structures, the business remains a viable and well-positioned operation.
Asking Price
This is a turnkey opportunity with a well-organized storefront, ready for an owner-operator or a strategic buyer looking for immediate entry into the DME/HME sector. The asking price for the business opportunity is $450,000, which includes $106,000 in inventory and a $20,000 vehicle, ensuring that the new owner can continue operations seamlessly from day one. It does not include cash, receivables, or working capital.
