American HealthCare Capital is pleased to offer a Medicare Certified DME/HME company for sale in Massachusetts. The company has expertise in Specialty Support Air Mattresses, Orthotics/Splints, Positioning Devices and Safety Covers. For over 20 years the company has held BOC Facility and BOC Certified Orthotic Fitter Accreditations. They are dedicated to meeting the needs of their clients by providing superior products and customer service.
The company’s current payer mix is approximately 80% Medicare/State Medicaid and 20% LTC Capital/Rental and Hospice. Over the past three years, the company has declined slightly in annual revenue but has been profitable. In 2017, the company collected $738,814 in gross revenues with an adjusted EBITDA of $139,133. In 2018, they collected $664,500 in gross revenues with an adjusted EBITDA of $175,046. In 2019, they are currently on pace to gross $650,000.
The seller is willing to stay with the company for the right opportunity, and the rest of the staff is expected to stay on under new ownership.
The asking price for this opportunity is $575,000.
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.