Seller Financing Available

Asking Price:

N/A

Gross Income:

$2,200,000

Cash Flow:

$416,000

EBITDA:

$162,000

FF&E:

$45,000.00 *

Inventory:

N/A

Real Estate:

N/A

Year Established:

1992

Employees:

24

Business Types:

Miscellaneous Retail
Health, Medical & Dental

* included in the asking price

Business Description

The Company is a specialty retailer of durable medical equipment (DME) and home healthcare supplies used in hospitals, home aid, hospices, care centers, and other health care facilities. Its primary product lines include home oxygen, continuous positive airway pressure (CPAP) masks, nebulizers, apnea monitors, pediatric wheelchairs, Bili blankets, and many others. The Company operates from a 7,000 square foot retail office and warehouse facility, and has 27 full-time employees.
Success in the DME supply industry is predicated on responsiveness, product quality and availability, and customer service. Management cites the Company s strength in each of these areas have been critical drivers of its growth since inception.

Detailed Information

Facilities:

The Company operates from a 7,000 square foot office and warehouse facility leased from a third party. Lease expense is $3,500 per month.

Competition:

Strong Client Relationships: The Company has built an outstanding customer database. A firm commitment to providing the highest quality DME, competitive product value, and outstanding customer service has garnered a high rate of repeat business as well as word-of-mouth referrals. Diversified Customer Base: It has supplied DME for customers from a wide range of sectors in the health care and medical market. These include private care, commercial, and governmental healthcare entities.

Growth/Expansion:

The demand for healthcare services and DME is projected to grow substantially in step with the growth in the US elderly population. This fact is spawning technological innovation and a sharp increase in the number of establishments such as hospitals, care centers, and hospices to meet demand. Management cites a growing base of opportunities to expand the Company s capacity to meet this growth. This strategy would include reaching outside of Massachusetts to surrounding states to provide DME.

Financing:

Some seller financing negotiable

Support/Training:

They are committed to ensuring a smooth business transition that will promote business continuity, revenue growth, and profitable operations.

Reason Selling:

The principals would like to initiate the transition process for retirement.