American HealthCare Capital is pleased to introduce a DME company for sale in Louisiana and Florida. The Louisiana operation is CHAP accredited and provides a wide array of products and services, including bathroom safety products, aerosol nebulizers, oxygen, overnight pulse oximetry testing, power wheelchairs and scooters, enteral products, CPAP, BiPAP, and more. Their service area spans a 60-mile radius. The Florida company is currently in the process of acquiring insurance contracts and has minimal business at this time.
Total gross revenues were over $700,000 in 2018 and are projected to be about the same in 2019. Adjusted EBITDA was in the 14% range. As the Florida location continues to become approved for more insurance contracts, they anticipate further growth.
The staff is expected to stay on and the seller will assist during a transitional period as needed. The asking price for this opportunity, which includes both the Louisiana and Florida operations, is $450,000 plus sealed inventory. The seller is open to selling each operation separately if desired.
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.