American Healthcare Capital is proud to present a uniquely upscale and strategically located New York City Home Medical Equipment company for sale that has existed for 19 years and is highly profitable. All of their sales are cash-based, and they do not accept insurance. Their success emanates from their ability to reach clientele that are looking for bespoke hospital beds, lift chairs, patient lifters, and mobility products that are of the absolute best quality and backed by 24-hour delivery and superior service. Their service area covers New York, New Jersey, and Connecticut. Their sales come from their highly accomplished customer service staff, their most effective and easy-to-use website, and word-of-mouth referrals by former clients. In addition, they receive many referrals from Homecare companies and hospitals. Over 60% of their revenues are derived from their robust Rental business. They also service many Hotels and Tourists in need of rental equipment.
In 2020, they had gross revenues of $1.5 million and an EBITDA of $247,000. In 2021, they had revenues of $1.5 million and an EBITDA of $311,000. In 2022, their revenues were $1.4 million with an EBITDA of $360,000.
Their staff is expected to stay on after the sale. The owner is available to stay on to ensure a smooth transition for as long as the buyer should require.
The asking price for this opportunity is $1 million dollars.
If you would like to learn more, please use the link on the right-hand side of the page to execute our NDA. You will need to copy the Listing Code (Example: TXMC1A) and Listing Title (Example: $1 Million Home Health Agency in Texas) from the summary above to complete the NDA.