American HealthCare Capital is pleased to introduce an Oxygen, Medical Gas, and Respiratory equipment HME company for sale servicing Indiana and Illinois. The company has been in business for over 30 years and services over 3,000 HME clients and 500 Commercial clients. Their clients range from Extended Care facilities, Home Bound Patients, Hospices, Fire Departments, Emergency Services companies, Medical and Dental Offices, and other Commercial entities.
The Company’s payor mix is 31% third-party payer, 29% commercial insurance, 24% Medicaid, 10% private pay, 4% hospice, and 2% Medicare. In 2019, the company generated approximately $3.1 million in revenue with an adjusted EBITDA of $518,272 (16.56%). In 2020, the Company is projecting $3 million of revenue with an anticipated adjusted EBITDA of $495,989 (16.29%).
The seller intends to pursue other interests but is available for a transitional period.
The asking price for this opportunity is $2.5 million.
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.