Durable Medical Equipment (DME) Retail Store

Alhambra, CA (Los Angeles County)

Store Front
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Asking Price: $80,000

Cash Flow: $20,000

Gross Revenue: $400,000

EBITDA: $210,000

FF&E: $3,000

Inventory: $22,000

Rent: $3,000 /Month

Established: 1989

Durable Medical Equipment (DME) Retail Store

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Business Description

DME Supplier - Insurance Medicare / Medicaid - Large Customer Base

Small business, been serving the Los Angeles county area with durable medical equipment since 1989. Built up a strong customer base over the years, with dependable service. Most of our new customers are through referrals.
We offer a large variety of home health safety equipment, such as wheelchairs, hospital beds, bathroom safety equipment, bracing orthotics, diabetic shoes, blood pressure monitors, gauze bandages, wound care, etc.
We work with Medicare and Medicaid to get the customer what item is deemed necessary by a licensed physician. This requires the buyer to have an existing license with Medicare / Medicaid to be able to use this location as a turn key Medicare / Medicaid supplier. We have a large customer base dependent on our services through insurance.

Detailed Information

Location:
Alhambra, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large warehouse to store inventory only a few feet away from main retail location which makes restocking very easy. Remaining inventory can be negotiated as to the value and can be kept as is so the operation is completely turn key, ready for continued supply to demand.
Competition:
There are other similar businesses in the city of Alhambra, but we seem to have a certain group of elderly that remains our customer and by word of mouth with the people around them we get new referrals. Bi-lingual or Tri-lingual English / Mandarin / Cantonese plays a big role in the type of customers that we get. We have a large customer base.
Growth & Expansion:
Growth in this field depends on how much marketing you chose to do with the local doctors as well as home health care agencies. There still is a large population of aging seniors whom will soon require some sort of medical care, so this business will always be in demand. With proper time spent towards marketing towards doctors and hospitals, you can see your referral numbers climb.
Support & Training:
Manager and trainer willing to instruct and train all new personnel to enter the operation of business. All facets of operating the business will be trained if requested. This includes all training for product knowledge as well as billing, invoicing, and ordering.
Reason for Selling:
The owner wishes to retire. Has been in this business for 30 years.
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Business Listed By:
Joel Yeo

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